Last year, on September 29, 2022, the company had hit a 52-week low of Rs 1,798. Since then, the company's shares have seen a rise of 70 percent. This means that the company has left no stone unturned in making investors earn.
First Chandrayaan 3, then Aditya L1. Now it is the turn of Gaganyaan Mission. In which Larsen and Toubro is considered to have an important contribution. Even before the start of this mission, the shares of the company are showing no signs of slowing down. The company's shares have jumped 13 percent since August 30. The surprising thing is that during this period the company's value i.e. market cap has increased by about Rs 49 thousand crores. Even today the company's shares have reached life time high.
It is believed that the company has received an order worth Rs 7 thousand crore from Mumbai Authority. Earlier, an order worth about 4 billion dollars was received from Saudi Aramco. The company's business is in both tech and construction. The company's business is growing rapidly in both the sectors. Due to which there is a bullish atmosphere in the shares of the company. Let us also tell you at what level the shares of the company are trading at present.
Increase in company shares
Shares of Larsen Toubro are also seeing a rise on Friday. According to BSE data, at 12:14 pm the company's shares are trading at Rs 3033.95 with a rise of 0.73 percent i.e. Rs 22.10. However, today the company's shares opened at Rs 3044.15 and went to the day's lower level of Rs 3006. However, a day ago the company's shares had closed at Rs 3011.85. However, during the trading session of about 3 hours, a rise of 1.50 percent was seen in the company's shares.
Company's share at life time high
The company's shares have reached life time high during the trading session. According to the data, during the trading session, the company's shares rose by 1.49 percent and reached the record high of Rs 3057 on the day. Last year, on September 29, 2022, the company had hit a 52-week low of Rs 1,798. Since then, the company's shares have seen a rise of 70 percent. This means that the company has left no stone unturned in making investors earn.
Profit of Rs 49000 crore in a month
There has been a significant increase in the shares of the company in the last one month. According to BSE data, the stock has seen a rise of about 13 percent. According to the data, the company's shares closed at Rs 2708.80 on August 30. The special thing is that the market cap of the company has increased significantly. The market cap at the closing price of the company on August 30 was Rs 3,80,762.12 crore. Today the market cap reached Rs 4,29,706.81 crore with a high of Rs 3057. This means that the M cap of the company has seen an increase of about Rs 49 thousand crore in a month.
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