L&T share price climbs 4% after Q1 results: Should investors buy, sell, or hold the stock?
New Delhi, July 29 -- Larsen and Toubro (L&T) share price jumped almost 4% in morning trade on the BSE on Wednesday, 29 July, a day after the company reported its June quarter earnings. L&T shares opened at Rs.3,900 against their previous close of Rs.3,832.75 and jumped 3.8% to an intraday high of Rs.3,978.
Shares of the company jumped a day after the company reported a 14% year-on-year (YoY) rise in its consolidated profit for the June quarter of the financial year 2026-27 (Q1FY27).
On 28 July, L&T posted a 14% YoY rise in its Q1FY27 consolidated profit after tax (PAT) to Rs.4,123 crore.
The group's consolidated revenues grew by 7% YoY to Rs.67,942 crore, driven by progress across several businesses. International revenues stood at Rs...
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