The engineering and construction major saw its net profit rise 52% YoY to Rs 1,787 crore. The scrip ended 6.40% higher at Rs 1,648.
Larsen & Tourbo's rally had a spillover effect on other capital goods stocks. The BSE Capital Goods Index gained 4.93% to end at its lifetime high of 15442.48 points. Bhel (2.50%), Siemens (5.63%), Thermax (1.41%), Crompton Greaves (3.51%) and ABB India (2.84%) were the major gainers.