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

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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.

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