Solid stock, best sector L&T
L&T
Price: 3008
Yearly high : 3249 yearly low: 1136 P/E:53
Profit records in Rs crore
Sep 2006: 201
Dec 2006: 343
Mar 2007: 700
Jun 2007: 376
L&T market leader in EPC entering into pure power generation which is going to be high growth sector in next five years. L&T has launched new company L&T Power Projects.
The co. has bid for mega projects, coming in a big way. Buy this stock and remain invested for two years. Best stock in best sector. Since market is expected to see some correction buy at every dip.
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