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L&T Tech Q3 Results: On a sequential basis, net profit for the reporting quarter rose marginally by 0.9%, while revenues increased by 3%. In constant currency (CC) terms, revenue growth for the quarter was nearly 9% year-on-year (YoY), and in USD terms, revenues stood at $312 million.
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The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps, with expected earnings growth in FY26. Positive sectors include large private sector banks, technology, and selected consumer segments.
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Similar levels would be closer to around 49,100 to 49,200, I think in that range we should see resistance going forward and probably another leg downwards could start from there and we could be headed towards 46,600 in the days to come.
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News and Media
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