Analysts remain bullish on L&T, see up to 16% upside on order book strength

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 outlook. Geopolitical issues impacted recent execution, but no major projects were cancelled. The company expects improved momentum and order inflows in the second half of FY27. Strategic divestments and investments in new growth areas will further strengthen its core businesses.

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