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Book profits in L&T: Sonam Udasi

Published on Fri, Nov 27, 2009 at 13:13 |  Source : CNBC-TV18

Updated at Fri, Nov 27, 2009 at 15:20  

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Sonam Udasi, VP Research & Head - Consumers Group, BRICS Securities

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Book profits in Larsen and Toubro (L&T), says Sonam Udasi , VP Research & Head - Consumers Group, BRICS Securities.

Udasi told CNBC-TV18, "In Larsen and Toubro take a profit right now, valuations are not cheap really for L&T, and it is valued. However, if you have a two year view, you could probably hold on. If an investor is making a profit, he/she should probably take the profit and sit tight for some time, nothing exciting. One can always enter at a later stage when things improve."

  

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