Shares of Larsen & Toubro (L&T) were up 2 per cent at Rs 1,538 on the BSE in intra-day trade on Friday in an otherwise range-bound market. The stock of the construction & engineering major was trading at its highest level since March 12, 2021. It was hovering close to its all-time high level of Rs 1,593 touched on February 2, 2021. The S&P BSE Sensex was up 0.10 per cent at 52,282 points at 09:25 am. L&T has outperformed the market by surging 15 per cent in the past one month on expectations of healthy orders from both domestic and international markets. In comparison, the benchmark index was up 7.3 per cent during the same period.