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Mumbai: Larsen & Toubro has changed its practice of disclosing order details to keep competitors from gauging its pricing strategy — a development that is a statement to the intensity of competition in the sector.
L&T, the bellwether for the construction and engineering sector in India, is closely tracked by shareholders, analysts and competitors and is often seen as a proxy for India’s infrastructureNSE 0.34 % growth story. But with competition heating up at a time when the tot...