The Economic Times

L&T shares rebound 3% as Donald Trump signals potential end to war. Why does it matter for a construction major?

Larsen & Toubro shares saw a significant jump on Tuesday. This rise followed positive statements from US President Donald Trump regarding Iran. The company has substantial operations in the Middle East. Despite geopolitical concerns, L&T's projects are largely unaffected. The firm's recent financial results showed a slight dip in net profit but revenue growth.