Shares of Larsen & Toubro Limited (OTCMKTS:LTOUF – Get Free Report) passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $40.19 and traded as high as $40.5050. Larsen & Toubro shares last traded at $40.5050, with a volume of 440 shares.
Larsen & Toubro Stock Performance
The business’s 50-day moving average price is $40.19 and its two-hundred day moving average price is $41.65.
About Larsen & Toubro
Larsen & Toubro Limited is an Indian engineering, construction, technology and manufacturing company. Founded in 1938 by Henning Holck-Larsen and Søren Kristian Toubro, the company has developed into a diversified group serving infrastructure, industrial, energy, defense and technology markets.
L&T undertakes engineering, procurement and construction projects in areas such as transportation infrastructure, buildings, water and wastewater, power transmission, hydrocarbons and renewable energy.
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