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Sharekhan’s buy recommendation

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  1. #1
    finizard
    finizard is offline eTI Member

    Sharekhan’s buy recommendation

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    Sharekhan’s buy recommendation
    L&T bags Rs 1250 Crore order - 'Buy' L&T : Sharekhan
    Larsen & Toubro Ltd has been awarded a Rs 1,250 crore project by Oil & Natural Gas Corporation (ONGC), India.
    Technical Analyst, Ashwani Gujral recommended 'buy' on Larsen and Toubro, for long term.
    with target price of Rs 4428 (25% gain). Infrastructure boom and strong growth in industrial capex will push L&T stock price up. L&T is foraying into new areas like ship building, nuclear, thermal power, defense, and railways.
    CMP : Rs 3,553.05 on Feb 19
    52 Week Highs : 4,670.00 Lows : 1,450.00 P/E 54.36
    Profit history:
    ...................2005.........2006.............. 2007
    Net Sales....189.71......14,776.95......17,645.29
    Net Profit....983.85......1,012.14........1,403.02

  2. #2
    priya0710
    priya0710 is offline eTI Iron
    Stocks which outperformed in todays market are : Auropharma, Infosys and IndusInd bank. Traders should trade in stocks which are performing well as it helps in earning required returns.

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