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Updated · MarketWatch · May 7Larsen & Toubro shares edge up 0.35% but lag peers
12 articles · Updated · MarketWatch · May 7
- The stock closed at ₹4,022.50 as the BSE Sensex fell 0.15% to 77,844.52 in a broadly weak Thursday session.
- L&T finished 9.40% below its 52-week high of ₹4,440 reached on 24 February, while AIA Engineering, MBL Infrastructures and DLF posted stronger gains.
- Trading volume was 324,844 shares, below the 50-day average of 342,953, indicating relatively muted activity despite the modest rise.
With a record order book but falling profits, can L&T deliver on its massive promises to investors? Amid labor shortages, will L&T's controversial 90-hour workweek proposal fuel growth or will it backfire? As L&T partners with NVIDIA to build a sovereign AI factory, what does this signal for India's tech ambitions?