See upside in L&T: Nitin Raheja

See upside in Larsen and Toubro (L&T), says Nitin Raheja, Rada Advisors.

Raheja told CNBC-TV18, "We are optimistic and bullish on Larsen and Turbo over a longer period of time maybe I think in the shorter term post results, which surprised to people including the order book and the kind of guidance that they talked about it in terms of growth was a pleasant surprise to most people. So in that sense L&T is not really a cheap stock."
He further added, "This whole issue of terms of the fact that they gave a growth number vis-