L&T Shares Down Nearly 10% in Two Sessions - Here's What Worries the Street The shares of Larsen & Toubro (L&T) have fallen by nearly 10% over the past two sessions, sparking concerns among investors. The company's stock price has plummeted by around 9.7% to Rs 1,434.35 per share as of Monday morning, according to data available on the BSE. Analysts point out that the recent fall in L&T shares is largely driven by investor concerns over several key factors. Firstly, there are worries about the potential impact of a US-Iran war on global trade and economic growth. As one of India's largest engineering and construction companies, L&T has significant exposure to international markets, including Iran. Secondly, investors are worried about the company's recent performance. L&T reported a 15% year-on-year decline in net profit for the September quarter, largely due to slower-than-expected order inflows from the infrastructure sector. The company had also seen its net debt increase by around 25% during the same period. Thirdly, there are concerns about the impact of the ongoing liquidity crisis on L&T's working capital requirements. With many banks and non-banking financial companies (NBFCs) facing difficulties in raising funds, investors are worried that L&T may face challenges in meeting its short-term obligations. Lastly, some analysts are pointing to the recent decline in crude oil prices as a potential concer...#India #BSE #Iran #net_profit #liquidity_crisis #energy_sector #USIran_war #Larsen_and_Toubro #engineering_and_construction_companies #infrastructure_sector #order_inflows #net_debt #working_capital_requirements #banks #nonbanking_financial_companies #NBFCs #crude_oil_prices
