Monday, November 29, 1999

Larsen & Toubro shares rise 5 pct after result

News posted by www.newsinfoline.com

Shares in Larsen & Toubro rose more than 5 percent on Monday after the Indian engineering conglomerate reported a 44 percent jump in quarterly net profit beating forecasts.At 0910 GMT, the shares were up 4.6 percent at 1,601 rupees after hitting 1,609, while the main index was down 1.1 percent.(Reporting by Janaki Krishnan)(For more business news on Reuters Money visit http://www.reutersmoney.in)
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