L&T shares fell 6.05 per cent to hit a low of Rs 3,413.55 on BSE. With this, the stock's year-to-date returns have fallen in the negative terrain. The scrip is still up 61 per cent in the past one year.
Larsen & Toubro Q3 results: HDFC Institutional Equities sees profit at Rs 3,340 crore, up 38.3 per cent YoY. It expects revenue to come in at Rs 52,280 crore, up 12.7 per cent YoY. Ebitda is seen rising 18 per cent YoY to Rs 5,980 crore
L&T: ICICI Securities said given the order inflow, including the mentioned order, L&T could beat its earlier order inflow guidance. L&T had earlier said that order prospects improved sequentially.