The apex court had on March 2 asked the Securities and Exchange Board of India (SEBI)to probe within two months these allegations and had also set up a panel to look at providing protection to Indian investors after a damning report by US short-seller Hindenburg wiped out more than $140 billion of the Indian conglomerate’s market value.
Motilal Oswal sees 15–20% upside in L&T and BEL amid strong sector tailwinds
India’s capital goods sector is thriving, fueled by strong macro factors and sector-specific growth drivers. Defence, power, renewables, and infrastructure are witnessing robust order books,
July 12, 2025