L&T hits 10-month high on order win in Middle East
Shares of engineering bigwig Larsen & Toubro (L&T) rose 1.8% to their highest levels in nearly 10 months after the firm won an 'ultra-mega' order for its hydrocarbon onshore business. It secured the deal to set up a Natural Gas Liquids (NGL) plant and allied facilities in the Middle East and marks its fifth big order over the past month.