अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » business » L&T shares rise on hopes of contract for bullet train project

L&T shares rise on hopes of contract for bullet train project

The engineering and infrastructure major has emerged as the lowest bidder for constructing the bullet train project.

By IANS
Updated on :

Shares of Larsen & Toubro (L&T) rose over three per cent on the hopes of bagging the contract for constructing the 237 km length of the bullet train project under the Mumbai-Ahmedabad high-speed rail corridor.

The engineering and infrastructure major has emerged as the lowest bidder for constructing the bullet train project.

The financial bids for the design and construction of 237 km length of viaduct for 508 km of Mumbai-Ahmedabad high-speed rail corridor were opened on Monday and Larsen and Toubro emerged as the lowest bidder, said a statement from the Indian Railway.

On Tuesday, shares of L&T surged 3.6 per cent on the BSE to touch an intra-day high of Rs 935.60 per share.

At 9.43 a.m., its share price was at Rs 927.55, higher by Rs 24.55 or 2.72 per cent from its previous close.

–IANS

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Related

Latests Posts


Editor's Choice


Trending