HomeNewsBusinessEarningsExpect 60-70 bps decline in L&T margins: Kotak Securities

Expect 60-70 bps decline in L&T margins: Kotak Securities

Sanjeev Zarbade of Kotak Securities tells CNBC-TV18 that he is not too optimistic about L&T's results, adding that he is expecting a 60-70 basis point decline in margins this quarter.

October 21, 2011 / 13:15 IST
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Infrastructure major Larsen & Toubro is expected to post its results today, but Sanjeev Zarbade of Kotak Securities is not too optimistic.

first published: Oct 21, 2011 12:51 pm

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