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    HomeNewsBusinessStocksUBS Securities positive on L&T and BHEL

    UBS Securities positive on L&T and BHEL

    Suresh A Mahadevan, Head of India Research - UBS Securities, still positive on L&T and BHEL.

    April 28, 2011 / 16:37 IST
       
       
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      Suresh A Mahadevan, Head of India Research - UBS Securities is still positive on Larsen and Toubro (L&T) and Bharat Heavy Electricals (BHEL).

      Mahadevan told CNBC-TV18, "We are still positive on L&T and BHEL, though we have a margin preference for BHEL given the valuations it trades at and ofcourse if you look at the midcaps, we like most names like Nagarjuna, GVK Power, Lanco. So I think those are some of the names we still like and some of the earnings still are we have waiting but clearly infrastructure as a space we like.

      first published: Apr 28, 2011 04:18 pm

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