See 5-6% upside in IVRCL, L&T: Ashish Chaturmohta

See 5-6% upside in IVRCL and Larsen and Toubro, says Ashish Chaturmohta, IIFL Private Wealth Mgmt.

Chaturmohta told CNBC-TV18, "If you look at the infra space lot of long position build up has been seen in counters like L&T, IVRCL or even in the midcap space Lanco Infra is the counter where we have seen a significant amount of long build up. But in terms of risk reward I think IVRCL and Larson and Toubro are two counters where a further upside of 5-6% is quite possible from the current levels. I think any dip of 2-3% is a good time to again enter long positions in both of these counters.