Larsen & Toubro Stock Rises 2.89%, Outperforms Sensex Over Past Year

Larsen & Toubro, a prominent player in the construction industry, has shown notable activity today, aligning its performance with sector trends. The stock has experienced a consecutive gain over the past four days, reflecting a rise of 2.89% during this period. Today, it opened at 3764.45 and has maintained this trading price throughout the session.
In terms of market metrics, Larsen & Toubro boasts a market capitalization of Rs 5,15,750.97 crore, categorizing it as a large-cap stock. The company's price-to-earnings (P/E) ratio stands at 33.15, which is below the industry average of 39.55, indicating a relatively favorable valuation compared to its peers.

Performance indicators reveal that Larsen & Toubro has outperformed the Sensex across various time frames. Over the past year, the stock has gained 8.06%, significantly surpassing the Sensex's 0.98% increase. Additionally, it has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price performance.