Moneycontrol Be a Pro
Get App
Last Updated : Jul 24, 2019 03:37 PM IST | Source:

Buy Larsen and Toubro; target of Rs 1765: Sharekhan

Sharekhan is bullish on Larsen and Toubro has recommended buy rating on the stock with a target price of Rs 1765 in its research report dated July 23, 2019.

Broker Research @moneycontrolcom
  • bselive
  • nselive
Todays L/H

Sharekhan's research report on Larsen and Toubro

L&T reported inline results during Q1FY2020, backed by healthy execution and improvement in OPM. Management has retained its guidance of order inflow, revenue growth and OPM for FY2020. L&T eyes Rs. 8.4 lakh crore order prospects with project awards to be more back-ended during FY2020.


We maintain our Buy rating on Larsen and Toubro (L&T) with a revised PT of Rs. 1,765, factoring revised estimates including Mindtree and revision in its listed financial subsidiaries.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

LIVE NOW... Video series on How to Double Your Monthly Income... where Rahul Shah, Ex-Swiss Investment Banker and one of India's leading experts on wealth building, reveals his secret strategies for the first time ever. Register here to watch it for FREE.
First Published on Jul 24, 2019 03:37 pm
Follow us on
Available On