Shares in Larsen & Toubro rebounded on Monday after the engineering conglomerate reported forecast-beating March quarter earnings.The leading construction company said quarterly profit rose 44 percent, beating market estimates, on the back of a pickup in order execution.At 1:38 p.m. (0808 GMT), L&T shares were up 0.2 percent at 1,532 rupees in a Mumbai market that was down 1.9 percent. The stock had fallen as much as 3.6 percent earlier in the day.(Reporting by Ami Shah; Editing by Ranjit Gangadharan)(For more business news on Reuters Money visit http://www.reutersmoney.in)News posted by www.newsinfoline.com
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