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L&T Shares Rally As Infrastructure Optimism Lifts Sentiment
Shares of Larsen and Toubro jumped 3.3 percent intraday as optimism around order inflows and infrastructure execution lifted capital goods sentiment.
Larsen and Toubro shares surged sharply on Thursday, hitting an intraday high after jumping 3.3 percent amid strong buying interest. The rally was supported by positive order inflow expectations, robust execution outlook and broader infrastructure optimism. Analysts noted improved sentiment in capital goods stocks, with L&T benefiting from its diversified portfolio,balance sheet strength and visibility on large domestic and international project pipelines going forward.