BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Medium (6M)
Motilal Oswal Recommends 'Buy' On Larsen & Toubro
According to Motilal Oswal, despite the economic slowdown and the general elections, Larsen & Toubro's core engineering and construction business has witnessed growth of 16 per cent in the first half of financial year 2019-20. Thanks to L&T's well-diversified business across verticals as well as geographies, it is in a better position to overcome macro challenges compared to mid-cap EPC companies dependent on any single segment or geography, the brokerage adds.