Larsen & Toubro (L&T), an engineering and construction conglomerate, witnessed a rise in share price on Wednesday after the L&T Technology Services, the wholly owned subsidiary of USD 14.3 billion Larsen & Toubro today, announced the intent to acquire the assets of U.S. based Dell product and process innovation services, the engineering services division of Dell.

Shares of the company are trading at Rs 1,442.80, up Rs 28.15, or 1.99% at the Bombay Stock Exchange (BSE) on Wednesday at 1:53 p.m.

The scrip has touched an intra-day high of Rs 1,451 and low of Rs 1,400. The total volume of shares traded at the BSE is 146,741.