Jefferies and CLSA remain most optimistic and advised their clients to ‘buy’ L&T shares. Both brokerages see upside potential in the range of 25-30% from the current levels.
Jio’s Q3 results may have disappointed, but home broadband is thriving
Reliance Jio’s Q3FY25 earnings missed expectations due to muted user additions, modest ARPU growth, and higher costs. However, Jio’s home broadband business showed strong growth,