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Feb 3 2007 12:00AM
L&T;'s post-results rally continues
Larsen & Tubro (L&T;) jumped 4.79 per cent to close at Rs 1,677.40, as itextended its post-results rally announced on January 29, coupled withsurging order book. The company reported 32.6 per cent rise in net profitto Rs 343.9 crore for the quarter ended December 2006. The order book forthe period April-December 2006 went up 41 per cent at Rs 22,944 crore,which is almost 1.55 times its FY06 net sales of Rs 14,763 crore. Thecompany has allotted 67,940 shares to those employees who had exercisedtheir options under the company's Employee Stock Ownership Scheme.|
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