In an interview with CNBC-TV18, Sanjeev Zarbade of Kotak Securities shared his views and readings on Larsen and Toubro.
Sanjeev Zarbade, Analyst at Kotak Securities is of the view that one may buy Larsen & Toubro on dips.
Larsen and Toubro (L&T) disappointed street with the third quarter profit falling 14.6 percent year-on-year to Rs 1,060 crore on standalone basis, dented by lower operating income, higher depreciation and interest costs.
Sanjeev Zarbade of Kotak Securities advises buying Larsen and Toubro on any decline.
Sanjeev Zarbade, Capital Goods Analyst at Kotak Securities advises booking profits in Cummins India.
According to Sanjeev Zarbade, BHEL margins are likely to bottom out around 11-12 percent going ahead. He says management has indicated that BHEL is favourably placed for orders worth 3.2 GW
Sanjeev Zarbade, Analyst at Kotak Securities is positive on Larsen and Toubro (L&T) and advises buying with a target of Rs 890.
In an interview to CNBC-TV18, Sanjeev Zarbade, Analyst, Kotak Securities shared his expectations from Larsen and Toubro's (L&T) second quarter earnings.
Sanjeev Zarbade, Kotak Securities remains bullish on L&T and expects the company to post around 13 percent topline growth in FY14.
Sanjeev Zarbade of Kotak Securities considers, in an interview to CNBC-TV18, BHEL's earnings to be below positive and highlights the increase in intake of orders and industry scenario as crucial factors. Meanwhile, Rabindranath Nayak of SBICAPS Securities foresees an improvement in the execution of projects that will smoothen the PSU's turnover
Sanjeev Zarbade, Analyst, Kotak Securities told CNBC-TV18 that going ahead L&T is maintaining margins at current levels. Reason being, the new orders are not really margin dilutive and no significant downside risk to the margins is seen.
In an interview to CNBC-TV18, Sanjeev Zarbade of Kotak Securities reviewed BHEL‘s numbers.
Engineering and construction major Larsen and Toubro (L&T) beat all estimates to report a net profit of Rs 1,920 crore, up 31.6% (YoY). In an interview with CNBC-TV18, Sanjeev Zarbade of Kotak Securities analysed the Q4 results of L&T and said that the topline is almost in line with their expectations.
Sanjeev Zarbade, analyst at Kotak Securities, in an exclusive interview with Sonia Shenoy and Mitali Mukherjee, said BHEL reported strong earnings in fourth quarter on the back of robust order execution throughout the year.
BHEL has target of Rs 2300, says Sanjeev Zarbade, Analyst, Kotak Securities.
Deven Choksey of KR Choksey Shares and Securities, in an interview with CNBC-TV18, says: “The numbers on the top-line front look subdued, as compared to our estimates of Rs 15,800 crore.
In an interview with CNBC-TV18, Sanjeev Zarbade, Analyst at Kotak Securities citing his expectations from L&T's Q4 numbers said, "The company has announced an order intake of close to Rs 3,500 to Rs 4,000 in Q4 while normal run rate for the company has been around 13,000 crore. So, the order intake for the Q4 can be substantially lower."