It was a good Q1 for Larsen and Toubro (L&T) as revenue and profits beat estimates while margins came in marginally lower than expected.
In an interview to CNBC-TV18, Sanjeev Zarbade, Analyst at Kotak Securities shared his verdict on the stock.
We would advise investors to look at lower 5-6 percent further downside from here, which will be a good entry point for investors, he said.
For full discussion, watch accompanying video...
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