The CoC vote concluded on April 21, 2025, after multiple extensions. Howen emerged as the top bidder in a process initiated through a Swiss challenge in 2022 following an unsolicited equity bid.
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,