India's L&T jumps as quarterly profit beat eases Middle East concerns
India's L&T jumps as quarterly profit beat eases Middle East concerns Oct 28 (Reuters) - Shares of India's Larsen & Toubro LART.NS jumped nearly 6% on Wednesday after the engineering conglomerate reported a 33% rise in second-quarter profit on strong order inflows, easing concerns over project execution in the conflict-hit Middle East.
Shares of the company rose 5.55% to 3,865.80 rupees, as of 9:21 a.m. IST.
(Reporting by Surbhi Misra in Bengaluru; Editing by Rashmi Aich)
((Surbhi.Misra@thomsonreuters.com || www.linkedin.com/in/surbhi-misra9/;))
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