Vikas Khemani bullish on L&T

Vikas Khemani of Edelweiss Capital told CNBC-TV18, "Larsen and Toubro (L&T) is a play on the capital goods and revival of the capital expenditures cycle. We have been very bullish on the stock for some time now and continue to remain bullish.”

“This is one of the stock we do feel can give significant outperformance on the market over next 12 to 18 months. Both on absolute return and as well as outperformance, I think this is one of the stock can do very well,” he added.