Friday, 24 June 2011

L&T - must have in your portfolio

Larsen and Toubro is a must have in your portfolio - short, medium and long term. This company has done extremely well in the past few years and recent quarters.

The order flows continue to be good. This week $55 billion orders have been booked.

Most brokerages maintain BUY with 6-12 month term price target ranging from 1900 to 2000. As on 23rd June, 2011, the price was Rs. 1668

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