The fresh order is for designing and construction of an Underground Road tunnel project between Orange gate, Eastern Free Way to Marine Drive Coastal Road at Mumbai, L&T told BSE.
Larsen & Toubro’s daily trend is bullish to sideways. The RSI for monthly, weekly and daily is showing bullish momentum. Based on option chain analysis, the range is between 2800 and 3000. Let’s plan a trade around this.
L&T share price: The stock jumped 3.94 per cent to hit a 52-week high of Rs 3,008 over its previous close of Rs 2,894.05. Today's sharp upward move in the share price came after the company raised the the floor price of its Rs 10,000-crore mega-buyback offer.
L&T: ICICI Securities said given the order inflow, including the mentioned order, L&T could beat its earlier order inflow guidance. L&T had earlier said that order prospects improved sequentially.
Larsen & Toubro’s daily trend is bullish to sideways. RSI for daily is showing sideways momentum, however RSI for the monthly and weekly are showing bullish momentum. Based on option chain analysis, the range is between 2600 and 2700. Let’s plan a trade around this.