L&T shares plunge on Q4 margin miss, uninspiring FY24 guidance. Can this stock fall further?

L&T shares fell 4.46 per cent to hit a low of Rs 2,261 on BSE. The stock is up 8 per cent year-to-date. Emkay Global has downgraded the stock to to 'Hold' from 'Buy', with March 2024 target of Rs 2,303.

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