- 📈 L&T Shares Surge: Shares of Larsen & Toubro (L&T) rose by nearly 3% on Monday after the company’s board approved a ₹12,000 crore fund-raising plan through multiple debt-based instruments.
- 💵 Stock Performance:
- L&T’s stock reached ₹3,517 per share, up by 2.96% during the day.
- The stock later pared gains and traded 2.18% higher at ₹3,490.45 compared to a 0.54% advance in the Nifty 50 by 9:45 AM.
- 📅 5-Day Winning Streak:
- The stock extended its gains to a fifth consecutive day.
- Despite a 3.49% drop this year, L&T shares have gained 10% in the last five sessions.
- 💼 Market Capitalization: L&T’s total market capitalization stands at ₹4.78 trillion, according to BSE data.
