Larsen & Toubro Limited (OTCMKTS:LTOUF – Get Free Report) shares dropped 5.8% on Monday. The stock traded as low as $39.50 and last traded at $39.50. Approximately 200 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 519 shares. The stock had previously closed at $41.95.
Larsen & Toubro Trading Down 5.8%
The business has a 50-day simple moving average of $41.07 and a 200-day simple moving average of $41.10.
About Larsen & Toubro
Larsen & Toubro Limited (OTCMKTS:LTOUF) is an Indian technology, engineering, construction and manufacturing company. Founded in 1938 by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro, the company has grown into a diversified enterprise serving infrastructure, industrial and technology markets.
L&T’s core activities include engineering, procurement and construction services for transportation, buildings, water, power transmission, heavy civil infrastructure and other major projects.
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