https://www.thehindubusinessline.com/markets/brokers-call-lt-buy/article67285492.ece
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9/8/23 at 1:50pm
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BusinessLine
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BL Chennai Bureau
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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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