L&T a top pick: Religare Capital

Larsen and Toubro (L&T) is a top pick in the infrastructure space, says Manoj Singla, MD and Co-Head Research, Religare Capital.

Singla told CNBC-TV18, "On the infrastructure side we believe that the first band will obviously come into the largecap, so L&T clearly remains the top pick in terms of buying the infrastructure space." He further added, "In terms of second liners we like IRB Infra because we think their road project award will pick up through the year and we are also like Nagarjuna. So those are the two that we are pushing."