Stay with Larsen and Toubro: Sharmila Joshi

Written By Unknown on Rabu, 11 September 2013 | 16.02

Sep 11, 2013, 02.17 PM IST

According to Sharmila Joshi of Peerless Securities, one may stay with Larsen and Toubro (L&T).

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Stay with Larsen and Toubro: Sharmila Joshi

According to Sharmila Joshi of Peerless Securities, one may stay with Larsen and Toubro (L&T).

Like this story, share it with millions of investors on M3

Stay with Larsen and Toubro: Sharmila Joshi

According to Sharmila Joshi of Peerless Securities, one may stay with Larsen and Toubro (L&T).

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Sharmila Joshi of Peerless Securities told CNBC-TV18, "One may stay with Larsen and Toubro (L&T) and may add at lower levels. It has a target of Rs 920."

The share touched its 52-week high Rs 1,152.07 and 52-week low Rs 678.10 on 29 October, 2012 and 28 August, 2013, respectively.

The stock's price-to-earnings (P/E) ratio was 10.23. The dividend yield of the company was 2.27 percent.


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