L&T gains 2% as Goldman Sachs upgrades rating to Buy

Larsen & Toubro (L&T), an engineering and construction conglomerate, gained after global firm Goldman Sachs upgraded the stock to 'buy' from 'neutral'. Shares ofthe companyare trading at Rs 1,421.15, up Rs 27.25, or 1.95% at the Bombay Stock Exchange (BSE) on Wednesday at 10:18 a.m.The scrip has touched an intra-day high of Rs 1,426 and low of Rs 1,405. The total volume of shares traded at the BSE is 52,201.In the earlier session, the shares gained 2.13%, or Rs 29.1, at Rs 1,393.90. Currently, the stock is trading down 17.35% from its 52-week high of Rs 1,719.50 and above 28.45% over the 52-week low of Rs 1,106.40.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 1,410.45 (16.55) (1.17) 1 Month 1,533.15 (139.25) (9.08) 3 Months 1,673.35 (279.45) (16.70) 6 Months 1,367.90 26.00 1.90 1 Year 1,236.05 157.85 12.77 Note: Based on previous day closing price.