Choksey told CNBC-TV18, "I have invested in L&T already long back, so I would stay invested. But I am not sure about booking profit for my trading position. I would recommend that those who are holding the F&O position, they may partly book profits and then wait for at least Rs 100-150 drop and then probably buy back again."
He further added, "As an investor, I will definitely stay invested because couple of reasons for which I would like to stay invested in this company, of course they are fundamental driven largely on the side of the order book position that they are having. At the same time I find that the valuations though little stretched but you have good visibility at least next three-four years on the business side."
