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Independence Day 2023: The benchmark Nifty index has rallied 9.81% since last year's Independence Day, with ITC and Larsen & Toubro among the top performing stocks, while the worst performers include UPL, Adani Enterprises and Infosys.
'Many times I would miss the last bus at 12 midnight. I slept on my office table,' the 81-year-old L&T boss said.
Naik is set to address his last annual general meeting on August 9.
Naik highlighted that the current government under the leadership of Prime Minister Narendra Modi, central policies have helped boost manufacturing capacities in India.
Naik will continue to be the chairman of the L&T Employees Trust, which is the single largest shareholder of the company.