- 02:52 AM Mahindra arm to bid for USD 3.5bn defence deals
- 09:30 PM Positive global cues, RIL power markets
- 09:19 PM Hindalco launches $600m QIP book at Rs 130.9/s...
- 09:00 PM After per second billing, what next for telecom?
- 08:53 PM Prestige Group ramps up investment plans
- 08:35 PM Property prices likely to go up in December
- 07:55 PM Mahindra arm to bid for $3.5 bn defence deals
- 07:26 PM Tech Toyz celebrates the waning of recession
- 07:23 PM Experts see mkts at new highs, advise sectors
- 07:21 PM HCL Tech bags $200m order from UK’s Equitable ...
Religare has recommended a buy rating on Larsen and Toubro with a target price of Rs 3337 in its June 16, 2008 research report. "During FY08, Larsen and Toubro's core business traded at a high of 35x FY09E EPS. The stock has corrected significantly off its highs and is now trading at 21x FY09E. We value the core business at Rs 2694 (22x FY10E EPS) with other businesses valued at Rs 643. Cumulatively, we arrive at a fair value of Rs 3337," says Religare's research report.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
For further details click on attachment......
Attachments : Market Outlook - Value Picks16Jun08.pdf |
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