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Business

L&T share buyback to boost company's RoE, triggers investors confidence

Updated : August 24, 2018 02:50 PM IST

Shares of L&T saw an upmove of 9 percent this week as the first-ever share buyback announcement boosted investor confidence.
The management said that the Rs 9,000 crore buyback would not only boost L&T's return on equity but also reaffirms the company's confidence in its ability to execute its strong orderbook.
L&T share buyback to boost company's RoE, triggers investors confidence
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