L&T's Q4 results boost share price

Larsen & Toubro (L&T) shares surged over 4% on Friday following the release of its Q4 results, which showed strong profit and revenue growth. The positive performance boosted investor confidence despite market weakness. The engineering and construction giant reported a 25% increase in consolidated net profit to ₹5,497 crore for the quarter, with revenue up 11% to ₹74,392 crore. The company also secured significant new orders, including a dividend of ₹34 per share. Analysts cited L&T's diversified business and strong order book as positives, though geopolitical tensions pose near-term concerns. One firm maintained a "Buy" rating, but lowered the target price slightly.