India's E2E Networks hits record high on L&T's stake purchase
** Cloud computing co E2E Networks EENE.NS rises as much as 5% to a record high of 4,977.50 rupees
** Larsen and Toubro LART.NS enters into agreement with EENE to buy 21% stake
** Investment via preferential allotment for 15% stake for 10.79 bln rupees ($128 mln) and secondary acquisition of 6% stake from the founder for 3.28 bln rupees
** More than 60,000 shares traded vs the 30-day avg of 34,974
** EENE jumps 656% YTD
($1 = 84.1180 Indian rupees)
Reporting by Meenakshi Maidas in Bengaluru
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