At 11:06 a.m., the public issue was subscribed 1.09 times. The retail category was subscribed 4.08 times, while the NII portion garnered 1.18 times bids. There were no bids from qualified institutional buyers so far.
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