India's Larsen & Toubro among top gainers in Nifty index

Chambal Fertilisers and Chemicals

10/04/2023 06:22

** Shares of Larsen & Toubro  LART.NS  rise as much as 2.01%
to 2,319.90 rupees, among top gainers in Nifty 50  .NSEI  index
    ** Conglomerate has risen 6.59% over five consecutive
sessions, and on course to extend growth for the sixth session
    ** Co's hydrocarbon business bagged multiple offshore
contracts worth over 70 bln rupees last week  urn:newsml:reuters.com:*:nL4N3680U8
    ** Chambal Fertilisers  CHMB.NS  also awards contract worth
9.61 bln rupees to LART  urn:newsml:reuters.com:*:nFWN3681EO
    ** The relative strength index of LART is at 70.1,
suggesting the stock is overbought
    ** 36 analysts rate stock equivalent of 'buy' or higher, and
one 'sell;' median P is 2,432 rupees - Refinitiv data

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))