2025-01-17 12:16:35 pm | Source: Motilal Oswal Financial Services Ltd Ltd
Buy Larsen & Toubro Ltd For Target Rs. 4,300 by Motilal Oswal Financial Services Ltd
* We expect consolidated revenue growth of 20% YoY, led by 24% YoY revenue growth for Core E&C.
* We expect Core E&C EBITDA margin of 8.1%, up 40bp YoY/50bp QoQ.
* Key monitorables include domestic order pipeline, margin performance, as well as working capital cycle. Notably, the company has bagged thermal and defense orders in 3QFY25, allaying concerns on domestic ordering.
* We would also look out for execution ramp-up in Saudi projects and trend in the GCC order pipeline.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Quote on?Weekly Market Wrap by Amol Athawale, VP-Tec...
U19 World Cup: Objective is to win and successfully ...
Quote on Gold and Crude by Kaynat Chainwala, AVP-Com...
It`s an honour, says Pooja Hegde on being loved, acc...
Daily Market Analysis : The markets remained volatil...
Rapeseed, Castorseed Meals Drag Indian Oilmeal Expor...
Boosting Immunity Naturally: A Comprehensive Guide t...
Budget Expectation Quote on Industrial Explosives by...
Smart Financial Habits: Building a Secure Future
IIFL Finance Successfully Raises USD 325 Million Sen...
