Publicaciones de Telegram de LAKHYA TRADER ( Focus on your goal )

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After a muted H1, ordering from Centre improved in Q3 (22% of order awards vs 14% in H1), though was still lower vs historical levels.

Proportion of PSU ordering was the highest since Q1 FY17

L&T was a beneficiary of the same.

Prospect pipeline across sectors suggests pace of ordering should remain healthy.

Union Budget is a key event and should offer insights on govt's commitment towards infra building

360 ONE WAM IN FOCUS (FROM BLOOMBERG)

UBS Group AG is in advanced talks with India's 360 One WAM Ltd for a deal to increase its exposure to India's wealth market.

The deal could involve a share swap, joint venture, or partnership, giving UBS quicker access to the local market through one of India's largest independent wealth managers.

Yesterday 360 ONE WAM had acquired B&K Securities for Rs 1700cr.

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