BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Larsen and Toubro Ltd.’s Q2 execution indicates gradual improvement as labor availability approached near normal by the end of the quarter.
Order inflows were decent at Rs 281 billion and order book continues to be strong at Rs 3 trillion.
Working capital, at 26.7% sales, while high, is seen from the perspective of the lower revenue base in H1.
The company remains cautious and continues to withhold guidance on FY21 on inflows or execution, though they view H2 positively.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR