Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | KOTAK ON L&T

 



• Maintain Sell; cut target price to Rs 3,000 from Rs 3,100

• Weak parts of guidance do not come as a big surprise

• 4% miss in core E&C EBITDA; standalone infra margin still down 100 bps

• Flat core margin guidance weak; overseas ordering guidance of 25%+ decline