Larsen & Toubro Limited (OTCMKTS:LTOUF – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 263,889 shares, a growth of 87.4% from the May 31st total of 140,816 shares. Based on an average trading volume of 30 shares, the short-interest ratio is currently 8,796.3 days.
Larsen & Toubro Price Performance
OTCMKTS LTOUF remained flat at $41.95 on Thursday. The company’s stock had a trading volume of 4 shares, compared to its average volume of 510. Larsen & Toubro has a 52-week low of $29.23 and a 52-week high of $48.00. The firm’s 50-day moving average is $42.74 and its 200-day moving average is $42.74.
Larsen & Toubro Company Profile
Larsen & Toubro (OTCMKTS:LTOUF) is a diversified Indian conglomerate with roots dating back to 1938, when Danish engineers Henning Holck-Larsen and Soren Kristian Toubro established a partnership in Mumbai to represent Danish dairy equipment manufacturers. Over the decades, the company evolved into a leading engineering and construction powerhouse, gradually expanding its portfolio to include a wide range of industrial and infrastructure projects across multiple sectors.
The company’s core activities encompass engineering, procurement and construction (EPC) services for infrastructure projects such as roads, airports, metro rail systems and water treatment facilities.
Featured Articles
- Five stocks we like better than Larsen & Toubro
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for Larsen & Toubro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Larsen & Toubro and related companies with MarketBeat.com's FREE daily email newsletter.
