L&T says 95% operations unaffected in West Asia; Macquarie sees ‘significant value’ in the stock

Macquarie has an ‘overweight’ rating on L&T with a price target of ₹4,910 per share, an upside of 42.8% from its previous close. It said the L&T stock has corrected 22% over the last month and it sees significant value at the current level. 

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