Larsen & Toubro Shows Strong Momentum Amid Broader Market Recovery Trends

Larsen & Toubro has shown notable activity today, gaining 3.1% on March 21, 2025. The stock has outperformed its sector by 1.07%, marking its fourth consecutive day of gains, with a total increase of 8.49% over this period. The stock reached an intraday high of Rs 3,453, reflecting strong momentum.
In terms of moving averages, Larsen & Toubro is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. This indicates a mixed performance in the context of longer-term trends.

The broader capital goods sector has also seen positive movement, gaining 2.01% today. In the overall market, the Sensex has rebounded sharply after a negative opening, currently trading at 76,900.33, up 0.72%. Notably, small-cap stocks are leading the market, with the BSE Small Cap index rising by 1.46%.

Over various time frames, Larsen & Toubro's performance has been varied, with a year-to-date decline of 4.51% compared to the Sensex's decline of 1.59%. However, its long-term performance remains robust, with a 5-year increase of 298.41%, significantly outpacing the Sensex's 157.05% gain.