L&T gains as foreign brokerage reiterates buy rating

CLSA has reiterated 'buy' rating on the stock with a target of Rs. 2,275 per share. So far, the stock has touched an intra-day high at Rs. 1,879 on the BSE.

Larsen & Toubro continues to trade on a positive note on the Bombay Stock Exchange (BSE), on the back of positive news flow.

According to media reports, CLSA has reiterated 'buy' rating on the stock with a target of Rs. 2,275 per share.

So far, the stock has touched an intra-day high at Rs. 1,879, and is now up a percent at Rs. 1,875.

The counter has seen trades of around 21,000 shares as against the two-week daily average volume of 163,000 shares.

Meanwhile, the BSE Sensex has jumped 214 points at 28,150.