Jul 22, 2013, 03.47 PM | Source: Reuters
Engineering and construction major Larsen and Toubro is not revising its growth forecase for FY14, the company's chief financial officer R Shankar Raman said.
L&T, India's largest engineering and construction company, had in May forecast sales growth in the range of 15 to 17 percent for the current fiscal year.
L&T posted a surprise drop in its fiscal first-quarter net profit as a weak domestic economy hit spending on infrastructure projects.
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Market expert, Prakash Diwan believes the stock ha
L&T received fresh orders worth Rs 29,702 crore du
Analysts expect order inflows of around Rs 30,000
According to Sudarshan Sukhani of s2analytics.com,