Sudarshan Sukhani of s2analytics.com is of the view that long term investors can hold L&T, the stock can go up to Rs 1700.
Sukhani told CNBC-TV18, “Larsen and Turbo (L&T) is a stock that will go up, if not now then later. I would suggests the investor holds on to it, treats it as a long-term investment so one should become a long-term investor where L&T is concerned. The stock can go down another Rs 100 if not now maybe later but one should not worry about it. The investor has two options. One is to hold it continuously. Second is, any rally towards Rs 1,700 should be use to take an exit.”