Buy Larsen and Toubro; target of Rs 3302: Prabhudas Lilladher
Prabhudas Lilladher’s research report on Larsen and Toubro L&T has received a letter of intent worth about $3.9 billion from Saudi Aramco to expand phase II of the Jafurah unconventional gas production project, which could meet about 13% of the guidance. FY24 order guidance. Company booked orders worth Rs 655.2 billion in Q1FY24 We believe …
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