Tuesday, November 17, 2009

Buy L & T

L&T is in diversified business activities with a great future potential. It is also cost effective & profitable. “The management is highly professional and it is not a family business. The company is expected to do very well due to its presence and dominance in most of the infrastructure-related areas,” informs Atul Surana, Certified Financial Planner & MD of Mangalore-based Catalyst Financial Planning.

OUR RECOMMENDATION :

L&T has always been an investors delight. Buy on dips and hold for a target price of 2500 in a years time. The stock is consolidating around 1600 levels and is poised to jump to next level after the Q3 results.

In a weak market it does not all much unlike other stocks which gives a support to move up once the market trend moves up

Bought to you by

Ingenious Investor
Equity Research Division

Ravina Consulting
No.429 Mahavir Tuscan
Near Hoodi Circle, Whitefield
Mahadevapura Post
BANGALORE 560048
+91.9880080321

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