India's L&T shares jump 5% after maintaining full-year order growth forecast – Reuters India

Shares of India’s Larsen & Toubro (L&T) jumped by 5% after the company announced that it is maintaining its full-year order growth forecast. This news has boosted investor confidence in the company’s performance.

L&T, a major player in the infrastructure sector, has been able to sustain its order growth despite the challenges posed by the ongoing pandemic. The company’s ability to secure new projects and maintain its forecast has resonated well with investors, leading to the rise in its share price.

The positive sentiment surrounding L&T’s performance is a testament to the company’s resilience and strong position in the market. Investors are optimistic about the company’s future prospects and its ability to deliver on its forecasted order growth for the full year.

Overall, L&T’s announcement has had a positive impact on its share price, reflecting investor confidence in the company’s ability to navigate through challenging times and deliver strong results.