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Analysis of L&T Stock Decline After Q4 Earnings

May 9, 2024

The share price of Larsen & Toubro (L&T) fell by 4% following the release of their Q4 earnings report. This resulted in the stock being the largest decliner among the Nifty-50 stocks. Despite the company reporting a 10.3% increase in net profit and a 15% increase in revenue from operations compared to the previous quarter, the stock experienced a significant drop. Investors may benefit from seeking expert analysis on whether it is advisable to buy, sell, or hold onto L&T shares.

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