[sharetrading] Accumulate Larsen & Toubro CMP 1410

 

I would advocate a strong call to accumulate L&T
CMP 1410 for permanent term
Judge your own worst case price
Make a few slabs
Buy in increasing quantity at all slabs

Here is a co. which will almost represent India be it neuclear , defense or large projects
All current execution delays are temporary phenomenon
Chidambaram had openly praised L&T
All TA`s are expecting down targets
No one is expecting rise in CMP for a couple of quarters

SM

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