Larsen and Toubro

At what level buy for long term

Posted by : lion407
Price when posted : BSE: Rs 1633.00 ( 1.16 % ), NSE: Rs. 1633.75 ( 1.18 % )

MSILU:

Buy this script as and when deep corrections happen (for example, profit booking before year end would happen by FIIs). As such this is not a cheap co. Its PE is highest in this sector, but it deserves, it has no competition with same muscle and niche. Keep accumulating your savings in this kind of co. ...

Indigenous Thru L & T

Posted by : bharat in delhi
Price when posted : BSE: Rs 1633.00 ( 1.16 % ), NSE: Rs. 1633.75 ( 1.18 % )

dear rvk,larsen is definately on the inside track of all new nuclear work which could keep it busy for 25 years,regards...

Indigenous Thru L & T

Posted by : rvk41
Price when posted : BSE: Rs 1633.00 ( 1.16 % ), NSE: Rs. 1633.75 ( 1.18 % )

Nuclear Fuel Complex (NFC), the lone supplier of fabricated fuel to nuclear power plants in India, is firming up a memorandum of understanding with L&T for supply of indigenous tubes for steam generators used in nuclear reactors.

“We are working out the modalities of the MoU, which would entail our fabricating these tubes made from a special alloy developed indigenously for the Pressurised Heavy Water Reactors and supply them to L&T,” said Mr R.N. Jayaraj, Chief Executive of the Hyderabad-based NFC.

L&T has sourced a batch of these tubes, worth about Rs 35 crore, for the 700 MW PHWR of the Nuclear Power Corporation of India Ltd.

NFC had initially fabricated these special tubes for the Prototype Fast Breeder Reactor, which is under construction near Kalpakkam in Tamil Nadu. L&T made the heat exchanger for the same reactor.

The steam generator and the turbine are two important components of all power plants, including the nuclear power reactor. The tubes are a vital component. So far tubes have mostly been imported for the nuclear reactors.

With the NPCIL in the process of setting up half a dozen nuclear power reactors of 700 mw and 500 mw capacities, L&T hopes to bag contracts. Each steam generator requires 25 tubes. Once, the modalities of the MoU are finalised, NFC plans to begin fabrication in a big way during 2009-10, Mr Jayaraj added.

For information,with regards
rvk41...

U S Co Acquires an arm of L & T

Posted by : Varner
Price when posted : BSE: Rs 1633.00 ( 1.16 % ), NSE: Rs. 1633.75 ( 1.18 % )

When should we expect the next positive move in Larsen?...

U S Co Acquires an arm of L & T

Posted by : sabret00the
Price when posted : BSE: Rs 1614.35 ( -0.82 % ), NSE: Rs. 1614.75 ( -0.80 % )

CSR is majorly a farce and show business in the private sector in this country. ...

U S Co Acquires an arm of L & T

Posted by : tara23
Price when posted : BSE: Rs 1624.00 ( -0.23 % ), NSE: Rs. 1625.00 ( -0.18 % )

thanks for the info......

U S Co Acquires an arm of L & T

Posted by : nikhil_khetan
Price when posted : BSE: Rs 1630.00 ( 0.14 % ), NSE: Rs. 1626.95 ( -0.06 % )

taraji i was auditor of LT at the start of my career, so i feel it is one of best for CSR also :)...

U S Co Acquires an arm of L & T

Posted by : tara23
Price when posted : BSE: Rs 1616.00 ( -0.72 % ), NSE: Rs. 1617.00 ( -0.67 % )

then how many peanuts are given for CSR...

U S Co Acquires an arm of L & T

Posted by : nikhil_khetan
Price when posted : BSE: Rs 1616.00 ( -0.72 % ), NSE: Rs. 1615.55 ( -0.76 % )

taraji crore is peanut for LT :)...

U S Co Acquires an arm of L & T

Posted by : tara23
Price when posted : BSE: Rs 1627.70 ( -1.72 % ), NSE: Rs. 1627.85 ( -1.72 % )

yes you are right.. but crores are crores some value atleast......

At what level buy for long term

Posted by : msilu
Price when posted : BSE: Rs 1627.70 ( -1.72 % ), NSE: Rs. 1627.85 ( -1.72 % )

I want to buy L&T for long term 3-5 years, please suggest me the correct level of buy ?...

U S Co Acquires an arm of L & T

Posted by : tunga
Price when posted : BSE: Rs 1627.70 ( -1.72 % ), NSE: Rs. 1627.85 ( -1.72 % )

If you go through the past history of L&T and present activities they are cleaning up for big Business. The business is consolidating to expertised field.
I don`t think it will be below 1600 level.
I think one has to wait for another 4 to 6 weeks for the reactions.
...

Buy Larsen(L&T) at Rs 1600 ?

Posted by : mayurkhe
Price when posted : BSE: Rs 1629.50 ( -1.61 % ), NSE: Rs. 1630.40 ( -1.56 % )

Should i buy this script at Rs1600? Is this expected to fall more ? Looking at it 52wk high this is opearating a almost half the price. How far can it reach? ...

U S Co Acquires an arm of L & T

Posted by : linkguru
Price when posted : BSE: Rs 1627.00 ( -1.76 % ), NSE: Rs. 1627.00 ( -1.77 % )

What is the short term future of L&T? I am talking about 1 week. This stock is not moving above 1650 even we had seen great rally in past 2 weeks....

U S Co Acquires an arm of L & T

Posted by : essay08
Price when posted : BSE: Rs 1629.80 ( -1.59 % ), NSE: Rs. 1628.60 ( -1.67 % )

I think its cleaning its house and getting ready for a new and shining L&T. Hence all non core business units which does not fit within in core profile (that of an engineering concern) is being disposed off. So that it can move quicker as a giant. Sales proceeds on disposal of such units is just not material for the company. Its just like clearing the house which were cluttered with non essential items- Imagine the feel u have in entering such a house after u have disposed off the not required items....