INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of construction engineering firm Larsen Toubro (LT) surged over 6 per cent in morning deals on Thursday, buoyed by
better-than-expected September quarter results.The company on Wednesday reported a 22.53 per cent year-on-year rise in profit at Rs 2,230
crore in Q2FY19 over Rs 1,819.88 crore in Q2FY18
Analysts in an ET NOW poll had estimated the profit figure at Rs 1,673 crore
Brokerages have expressed their faith and maintained their bullish stance on the stock
close of Rs 1,298.35 on BSE
raised a target price to Rs 1,880 from Rs 1,825 earlier
Shares of the company pared some gains and were trading at Rs 1,356, up 4.44 per cent
