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L&T Hits Lifetime High on Likely Aramco Order Win

Summary by Times of India

Larsen & Toubro (L&T) hit a lifetime high in Friday trading and crossed ₹4 lakh crore in market capitalisation on prospects of winning a nearly $4-billion order from Saudi Aramco. This deal win is seen helping the engineering major clock in an over 20% growth in its order inflows in FY24, as against a guidance of 15%.

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L&T Hits Lifetime High on Likely Aramco Order Win

Larsen & Toubro (L&T) hit a lifetime high in Friday trading and crossed ₹4 lakh crore in market capitalisation on prospects of winning a nearly $4-billion order from Saudi Aramco. This deal win is seen helping the engineering major clock in an over 20% growth in its order inflows in FY24, as against a guidance of 15%.

2 years ago·India

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Times of India broke the news in India 2 years ago on Friday, September 8, 2023.

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