{"id":533530,"date":"2022-11-02T10:35:41","date_gmt":"2022-11-02T05:05:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=533530"},"modified":"2022-11-02T10:36:13","modified_gmt":"2022-11-02T05:06:13","slug":"lt-stock-can-rally-17-on-healthy-order-book-new-business-foray-prabhudas-lilladher-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-stock-can-rally-17-on-healthy-order-book-new-business-foray-prabhudas-lilladher-2\/","title":{"rendered":"L&amp;T stock can rally 17% on healthy order book, new business foray: Prabhudas Lilladher"},"content":{"rendered":"<p>Infra major L&amp;T posted healthy Q2 performance amid a host of positives seen for the counter. Brokerage Prabhudas Lilladher has upgraded the stock\u2019s target price to Rs 2,384, signalling gains of over 17%.<\/p>\n<p>The brokerage noted that the consolidated revenue of L&amp;T during the September quarter logged 23% year-on-year (y-o-y) growth to Rs 4,27,600 crore.The gains were made on the back of the increased pace of execution. Nevertheless, the EBITDA margin stood steady year on year with adjusted PAT growth of 27.4%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infra major L&amp;T posted healthy Q2 performance amid a host of positives seen for the counter. Brokerage Prabhudas Lilladher has upgraded the stock\u2019s target price to Rs 2,384, signalling gains of over 17%. The brokerage noted that the consolidated revenue of L&amp;T during the September quarter logged 23% year-on-year (y-o-y) growth to Rs 4,27,600 crore.The gains were made on the back of the increased pace of execution. Nevertheless, the EBITDA margin stood steady year on year with adjusted PAT growth of 27.4%.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-533530","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/533530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=533530"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/533530\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=533530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=533530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=533530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}