Here's how to play L&T, Infosys, DLF, Glenmark today

Nomura is neutral on Larsen and Toubro (L&T) with a target price of Rs 921. The L&T IDPL does not require future equity infusion. The company expects to raise capital in the medium-term. Also, the capital raising could be via stake sale at L&T IDPL.

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MS is overweight on Infosys with a target price of Rs 3,695. The company is likely to generate higher revenue in FY14 as compared to FY13. The margins of the company are a function of the management execution and not necessarily its macros.

BofA ML recommends buying DLF with a target price of Rs 230. Valuation of the company factors in price and volume adjustment. The target of the company is based on 15 percent discount to NAV which estimates around Rs 270. The key risks involved are the slowdown in debt reduction and sales volume below estimates.

Citi suggests buying Glenmark with a target price of Rs 785. The company may also see a pick-up in US sales on new launches and has better quality filings to help boost growth.