Krishna Kumar Karwa, MD of Emkay Global Financial Services told CNBC-TV18, "We are more positive on Larsen and Toubro (L&T) vis-a-vis Bharat Heavy Electricals (BHEL). The order inflows in L&T has been decent and they seems to be expanding their order inflows from overseas geographies also."
"From a medium-term perspective, L&T seems to be having much better visibility, but BHEL in terms of valuations looks attractive," he added.
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