![L&T shares tumble 6% as analysts cut target price](https://images.assettype.com/fortuneindia%2F2021-06%2F02ef2943-b16b-4e2d-96c1-bafb64183918%2FL_T_House_R1.jpg?rect=0,117,1485,743&w=300&q=95)
L&T shares tumble 6% as analysts cut target price
Larsen & Toubro's 8.3% margin guidance for the ongoing fiscal prompted some analysts to cut price targets.
Larsen & Toubro's 8.3% margin guidance for the ongoing fiscal prompted some analysts to cut price targets.
Analysts at CLSA expect HDFC Bank's net interest margin (NIM) recovery to be more U-shaped rather than V-shaped.
Jefferies has set a target price of ₹1,300 for Paytm, a 34% upside compared with its closing price on October 19.
Chairman & MD Sanjiv Mehta says the company will ensure its general trade distributors get a fair ROI. In Q3 of FY22, HUL's volume growth was 2%.
Reports from various equity research and ratings agencies said margins were under pressure due to rising costs.