Monday, November 09, 09:21 pm IST
| Feedback
In Markets
A look at which companies made their way in, and which got booted out from the BSE Index. read more
In World News
US government-to-government arms sales rose 4.7% to a record USD 38.1 billion last year. read more
In Lifestyle
Read "How to Relax Without Getting the Axe" for a tongue-in-cheek look at the workplace, read more
Hold Larsen & Toubro, target Rs 1621: Indiabulls Securities
Published on Sat, Jul 04, 2009 at 11:48  |  Updated at Sat, Jul 04, 2009 at 13:47  |  Source : Moneycontrol.com

Indiabulls Securities has recommended a hold rating on Larsen and Toubro, with price target of Rs 1621, in its report dated June 30, 2009.

"Larsen & Toubro is currently trading at a forward (FY10) P/E of 28.8x. Our fair value estimate of Rs 1,621, based on the Sum-of-the-Parts (SOTP) methodology, factors in all the major positives and thus, provides limited upside potential from the current market price. Thus, we change our rating to Hold," says Indiabulls Securities' 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. 

To read the full report click on the attachment.........

Important Links Today:  Leadership Wall    Chat Calendar    The 10 List   
Stock Advice
Motilal Oswal
Motilal Oswal
Motilal Oswal
 
 
 
WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
©Network 18, 2009. All Rights Reserved