L&T gains on Q3 margins; guidance cut may weigh

Tags: L&T, Companies
Shares in Larsen & Toubro (L&T) rise 2.8 per cent after the company's Q3 margins at 11.6 per cent beat some analysts estimates, dealers say.

However, gains are seen limited as L&T cut its order book growth outlook for the current fiscal year to 15 per cent, from 20 per cent forecast earlier, due to the poor investment climate.

EDITORIAL OF THE DAY

  • Mob rage against the Tanzanian woman betrays racial and gender prejudices

    The mob rage in Bangalore against the Tanzanian woman is a national disgrace from which we can never recover even if we punish the wrong doers.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sachin Shridhar

VIPism is casteism by another name

Much has been written and lamented about the all-pervasive VIP ...

Zehra Naqvi

‘What if the British never came to India?’

Legendary Canadian writer Margaret Atwood proves as elusive to the ...

Bubbles Sabharwal

It's the life in your years that counts

We are all in a sense pilgrim souls enjoying the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture