India's L&T on course for best day since June after posting quarterly profit rise
BUZZ-India's L&T on course for best day since June after posting quarterly profit rise ** Shares of Larsen & Toubro LART.NS rise 4.4% to 3,824.70 rupees
** Stock set for its biggest one day pct rise since June 12, if gains hold
** Engineering conglomerate reports 33% rise in Q2 profit to 52.02 billion rupees ($546.92 million)
** LART's revenue rises 16% from a year earlier to 787.5 billion rupees
** Order inflows rise 28% to 1.48 trillion rupees in the quarter ended September with international orders making up 63% of the total
** YTD, stock down 6.2%
($1 = 95.1150 Indian rupees)
(Reporting by Puyaan Singh in Bengaluru)
Recent news on Larsen and Toubro
See all newsBrief: Larsen And Toubro Secures Multiple Orders For Residential And Commercial Developments In India
India Stocks: Indian equity benchmarks inch lower as oil climbs; Jio makes strong debut
India's L&T on course for best day since June after posting quarterly profit rise
India Stocks: Indian shares fall as oil rise weighs; Jio lists at 21.4% premium
India's L&T jumps as quarterly profit beat eases Middle East concerns (updated)