INSUBCONTINENT EXCLUSIVE:
Brokerages have retained positive view on construction and engineering firm Larsen Toubro which on Thursday approved a share buyback worth
during FY19-FY20 period to rise to 14.5-15% from 13%-13.8% due to the share buyback.
Nomura Financial Advisory and Securities (India) also
assuming completion of the buyback, given the loss in other income on account of utilisation of Rs 9,000-crore of cash.
Most of the
