Updated
Updated · MarketWatch · May 11
Larsen & Toubro Slips 0.85% to 3,940 Rupees as Sensex Drops 1.70%
Updated
Updated · MarketWatch · May 11

Larsen & Toubro Slips 0.85% to 3,940 Rupees as Sensex Drops 1.70%

9 articles · Updated · MarketWatch · May 11
  • Larsen & Toubro shares fell 0.85% to 3,940 rupees on Monday, a milder decline than the broader market's selloff.
  • The BSE Sensex dropped 1.70% to 76,015.28 in an all-around weak session that pressured the engineering and infrastructure stock.
  • L&T still outperformed peers including AIA Engineering, down 1.67%, DLF, down 2.96%, and MBL Infrastructures, down 4.82%.
  • Trading volume was 85,947 shares, well below the 50-day average of 341,233, while the stock remains 11.26% below its 52-week high of 4,440 rupees.
India's new labor laws cost L&T dearly. Is this the hidden price of formalizing the economy?
With oil prices surging above $105, is India's infrastructure-led growth plan now in jeopardy?
Can a record-breaking domestic contract shield L&T from escalating Middle East tensions?