L&T Technology Services Rallies 16%, Hits Record High On Strong Q1 Earnings

Shares of the subsidiary of the country's largest infrastructure developer - Larsen & Toubro - L&T Technology Services rose as much as 16 per cent hit record high of Rs 3,366 after it reported June quarter earnings. L&T Technology Services' net profit in the first quarter of current financial year jumped 84 per cent to Rs 216 crore compared with Rs 117 crore during the same quarter last year. Its revenue from operations advanced 17 p...