Larsen & Toubro outperforms competitors on strong trading day

Larsen & Toubro outperforms competitors on strong trading day

Shares of Larsen & Toubro Ltd. 500510, +1.52% rallied 1.52% to 2,269.15 Indian rupees Monday, on what proved to be an all-around great trading session for the stock market, with the S&P BSE Sensex Index 1, +0.38% rising 0.38% to 62,787.47.

Larsen & Toubro Ltd. closed 146.85 rupees short of its 52-week high (2,416.00 rupees), which the company achieved on May 2.

The stock outperformed some of its competitors Monday, as AIA Engineering Ltd. AIAENG, +1.38% rose 1.38% to 3,100.55 rupees and MBL Infrastructures Ltd. 533152, -0.42% fell 0.42% to 21.45 rupees.

Trading volume (126,364) eclipsed its 50-day average volume of 78,414.

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