Ambareesh Baliga of Edelweiss Financial Services told CNBC-TV18, "Larsen and Toubro (L&T) is one stock where we have seen some amount of momentum. It is one space where one could see the stock going up further because the way it has underperformed in the last three-four months that makeup will happen over the next few days.
At 10:10 hrs Larsen and Toubro was quoting at Rs 867.70, up Rs 31.90, or 3.82 percent.
The share touched its 52-week high Rs 1,152.07 and 52-week low Rs 678.10 on 29 October, 2012 and 28 August, 2013, respectively.
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