Mumbai: India’s largest engineering and construction company Larsen and Toubro Ltd on Thursday crossed Rs2 trillion market cap for the first time after its shares soared over 13% so far this year.
The stock touched a high of Rs1,430.60 a share and gained as much as 1.25% in intraday trade. Currently, its market cap stands at Rs2.01 trillion. At 9.35am, its shares were trading at Rs1,429.50 apiece on the BSE, up 1.17% from its previous close, while India’s benchmark Sensex index rose 0.49% to 36,228.72 points.