India's L&T set for best day in over five years as Iran ceasefire lifts sentiment

ReutersApr 8, 2026 6:34 AM

Shares of India's Larsen & Toubro LART.NS rise 7.04% up to 3,988 rupees

Set to raise the most since Feb 2021

Stock tracks gains as broader market sentiment improved after U.S. President Donald Trump agreed to a two-week ceasefire with Iran

LART has expanded its Middle East presence over the last few years, with the region accounting for 35% of quarterly revenue

Stock rated "Buy" on average by 13 analysts, median PT at 4,554 rupees -data compiled by LSEG

YTD stock down 8.82%

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