L&T to remain outperformer: Angel Broking

L&T and Sadbhav Engineering are continue to remain outperformer, says Shailesh Kanani, Angel Broking.

Kanani told CNBC-TV18, "L&T and Sadbhav Engineering have done very well because L&T as such is known as no debt company plus on Sadbhav Engineering is one of the rare ENC companies, which have been able to reduce debt in FY11. So these companies have been rewarded on the stock price front as well."

He further added, "If you see the outperformance of these stocks are huge as compared to its peers and going ahead as well in such uncertain times we think that this out performance will continue. So these two stocks we have been recommending to our clients."