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https://www.thehindubusinessline.com/markets/brokers-call-lt-buy/article67285492.ece
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Broker’s call: L&T (Buy) - BusinessLine
9/8/23 at 1:50pm
Organization
BusinessLine
Author
BL Chennai Bureau
Details
52 words
Summarize
Investing
Business & Industrial
L&T
BusinessLine L&T
Middle East
order inflow growth
SOTP
L&T has been awarded a USD 4bn contract in Middle East, boosting order inflow for Q2. We upgrade the stock to BUY with SOTP based target price of ₹3,141, expecting 15% order inflow growth for FY24 and margin improvement in Q4 and FY25.
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