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Larsen and Toubro: Growth moderation in near term

Jitendra Kumar Gupta & Bharat Gianani   •

While long-term opportunities remain good in light of strong recovery in international markets, and booming infrastructure spend in India, there would be moderation in the near term owing to elections in the domestic market

Larsen &Toubro maintained its double-digit growth momentum in Q4FY24, led by the core project & manufacturing business as well as the financial services business (Representative image)

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More