Stock Idea - Larsen & Tubro.

Scrip: - LNT
BSE Code: - 500510
CMP: - 2562
52 Week H/L: -4670.00 - 2100.00
Target: - 2900 ( Before 3 rd Oct.)
Target for long term investors : - 200% returns after Bonus in 2 years.

Summary: -
One of the badly beaten out scrip in the Indian markets is LNT.
For Short term traders this scrip is excellent as record date for bonus is 3rd of Oct.
Technically speaking this scrip shows some positive strength to me.
Bonus will pull up this scrip.

A long term bet: -
It is India’s largest Engineering and Construction giant.
L&T is the best managed company in India – Business Today survey.
Larsen and Toubro will benefit from huge infrastructure investments in India and Gulf regions.
Strong Order book.
L&T will be demerged into Power, IT, Ship building and Railway units along with engineering division. Investors will get very good returns after the demerger.

Verdict: -
All the factors are in favour of LNT so I am not adding Key Positive and Key Negative.

Ratings -
Short term: - 8/10
Medium Term: - 7/10
Long term: - 10/10 and if possible more than this.

Happy Investing.

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