In tandem with a rebounding economy and steep rise in project spends, the order book of infrastructure firms surged 18.3% in FY24 and the momentum is expected to continue. The total order book of 25 top companies – across infrastructure, power and capital goods – rose to Rs 12.22 trillion as of March 31, compared with Rs 10.33 trillion as of FY23-end. Engineering and construction major Larsen and Toubro (L&T) topped the charts with an order book position of Rs 4.75 trillion, a 19.1% rise from Rs 3.99 trillion recorded last year. Bharat Heavy Electricals, with an order book position of Rs 1.31 trillion (44.1% rise) came in at second, followed by Hindustan Aeronautics at Rs 94,000 crore (up
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