Pick Larsen and Toubro (L&T) in the infrastructure space, says Abhijit Chakraborty, Fortune Financial.
Chakraborty told CNBC-TV18, "Among the infrastructure space, my first pick would still be Larsen and Toubro (L&T), I think there is going to be a significant uptick in the order inflow to the company as well as the execution cycle is going to pick up as was also indicated by the management and we are beginning to see that. Whether it is construction or EPC, whether the order inflows in terms of power projects, I think we are seeing a pick up in all of that." He further added, "The other segment which can be looked at is the pure construction segments and road construction be it IRB Infrastructure or IVRCL of this world, there is a great likelihood of the execution picking up and order inflows really showing some momentum in this quarter. So these are two sectors I would be looking at in the infra space."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
