Golden Gem - Larsen & Turbo

Hello Pirates

LArsen & Turbo

Larsen & Toubro Limited (L&T) is India's largest engineering and construction conglomerate with additional interests in electricals, electronics and IT. A strong customer-focussed approach and constant quest for top-class quality have enabled L&T to attain and sustain leadership position over 6 decades. L&T enjoys a premier brand image in India and its international presence is on the rise, with a global spread of over 30 offices and joint ventures with world leaders.

ECC - the Engineering Construction & Contracts Division of L&T - is India's largest construction organisation. Many of the country's prized landmarks - its exquisite buildings, tallest structures, largest industrial projects, longest flyovers, highest viaducts - have been built by ECC. Leading-edge capabilities of ECC cover every discipline of construction: civil, mechanical, electrical and instrumentation engineering.

Market Cap	96,340.76	|	* EPS (TTM)	78.20	|	* P/E	21.05	|	* P/C	19.81
* Book Value	162.80	|	* Price/Book	10.11	|	Div(%)	525.00	|	Div Yield(%)	0.64
Market Lot	1.00	|	Face Value	2.00	|	Industry P/E	21.16
* As per latest stand alone adjusted profit after extra-ordinary items.

If we look at the Chart : -

One can hold this stock for long term or medium term & can get great dividends & returns from the stock, this is one of the best stocks which one should always hold in there port folio, a very strong fundamentally based & over based also.

Buy Larsen & Turbo between 1550 - 1600 levels keeping a stop loss at 1520, targets can be 1650 - 1675 & a close above 1680 can make it touch 1750 & in medium term the target for the stock is 1800 levels.

One can buy this stock at dips & in the next rally this stock would be one of the leaders who can out perform in the market, this is one of the stocks which are a must in ones port folio.

Trading in the stock market involves risk, thus trade with appropriate stop loss & book profits at appropriate levels, the above information are my personal views & one can trade in the stock at there own risk,.

We wish All the Pirates, Happy Hunting & All the Best.

Regards

Captain