The increase in consumption of essential commodities has been witnessed in not only the bigger urban regions but also tier-2 and tier-3 cities with up to 35% year-on-year increase in demand for basmati rice, edible oils, and maida.
L&T shares slip 3.6% in a month; analysts see up to 16% upside on record order book
Larsen & Toubro’s shares face volatility, yet analysts remain optimistic about future growth. A record order book and strong capital expenditure demand underpin this positive