Shares of L&T have broadly remained range bound in 2024. It made a high of ₹3,963 in December and has fallen 11.2% since then.
The consumption trend in India has weakened after almost three to four years of fairly strong consumption boost. So, we are positive long term, but
Dhiraj Agarwal, MD of Ambit Investment Managers, notes potential for a near-term market bounce after months of decline, but warns of long-term challenges and moderate
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