India's L&T shares jump 5% after maintaining full-year order growth forecast
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
0mins
Source: Reuters
Stock Performance: Shares of Larsen & Toubro rose over 5% after the company maintained its full-year orders forecast and reported strong order execution in a typically weak quarter.
Future Outlook: L&T is confident in achieving a 10% growth in orders by March 2025, following a significant 77% increase in the latest quarter.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
