LT share price edges north on company’s fundraise move. Do you own?
Stock market today: Ahead of the board meeting scheduled today to consider the proposal for raising funds, Larsen and Toubro’s (LT) share price edged higher in the early morning session on Friday. LT share price opened upside at ₹3,357 per share on the NSE and touched an intraday high of ₹3,376.30 apiece within a few minutes of the Opening Bell, logging an intraday gain of around one per cent.
LT fundraise news
LT said in an exchange filing that it would inform the Indian stock market exchanges about the move to raise funds. “We wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, March 21, 2025, inter alia, to seek approval for fundraising by way of (the) debt issue.”
