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Construction firms pin hope on road, rly to improve order books
When engineering and construction company Larsen and Toubro Ltd (L&T) declared its annual results earlier this month, it gave a bright outlook for the current financial year, saying it expected order inflow to grow 15-20 per cent. Engineering company Thermax Ltd, too, projects a similar outlook. L&T expects the orders deferred in the fourth quarter of the last financial year to come in this year, boosting
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