Order inflow growth might come down from 10-12% to 9% for FY20 on account of slowdown in ordering environment in 3QFY20. In the long term the company is expected to continue strong as
- It enjoys preferred E&C player status given its record of handling complex projects in the past.
- Improves operational efficiency by monetizing its non-core assets.
- Improves working capital cycle & reduce capex.
View: L&T remains the leading player to benefit from the country’s capex revival theme.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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