L&T climbs 4% after good Q3 nos

The company’s revenue stood at Rs. 25,829.26 crore, clocking growth 8.31% yoy.

L&T climbed 4% to Rs. 1,146 on BSE. The company reported consolidated net profit of Rs. 1,034.80 crore for the quarter ended December 31, 2015, registering growth of 19.42% yoy. The company’s revenue stood at Rs. 25,829.26 crore, clocking growth 8.31% yoy. 

The scrip opened at Rs. 1125 and has touched a high and low of Rs. 1151.5 and Rs. 1120 respectively. So far 1427951(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 102638.49 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1892.95 on 04-Mar-2015 and a 52 week low of Rs. 1070 on 19-Jan-2016. Last one week high and low of the scrip stood at Rs. 1158.15 and Rs. 1070.05 respectively.

The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 55.28 % and 42.36 % respectively.

The stock is currently trading above its 200 DMA.