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L&T Q3 FY25: Can strong order inflow reverse the stock’s underperformance?

Jitendra Kumar Gupta   •

Increased local infrastructure spend and healthy international opportunities should provide fillip to earnings

Shares of Larsen & Toubro (L&T) advanced over 1 percent to trade at Rs 3,209 after the company announced that its Power Transmission & Distribution (PT&D) business secured new orders worth Rs 2,500 crore to Rs 5,000 crore both in India and international markets. L&T categorises orders in this range as ‘large’, boosting investor confidence.

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