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L&T shares soar after results

May 19, 2011

Shares of L&T surged and closed 6 percent higher on Thursday after the firm reported a good set of quarterly numbers.

Gains in the stock also helped the BSE Capital Goods index post gains of 2.82 percent.

The company posted a 27 percent rise in order inflows in the fourth quarter, taking its order book to 1.3 trillion rupees ($29 billion) at the end of March, it said in a statement.

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