India's L&T Tech hits more than 2-year high

L&T Technology Services

03/04/2024 09:14

** Shares of L&T Technology Services  LTEH.NS  up as much as
4.2% to highest level since Jan. 2022; last up 3.8% to 5,795.60
rupees
    ** Reuters could not immediately ascertain a reason for the
stock move 
    ** Trading volume nearly twice the 30-day moving average
    ** At least ten analysts have hiked PT on "sell" rated stock
after its Q3 results on Jan. 16; median PT is 4,700 rupees vs
4,075 rupees on Jan. 3 - LSEG data
    ** Stock up ~10% YTD after gaining ~43% in 2023
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))