www.infystocks.co.uk

22 December 2006

BUY : Larsen & Toubro at Rs 1409
BSE Code : 500510NSE Symbol : LTFace Value : Rs 2
target price 1500
Larsen & Toubro's operational growth is set to accelerate going forward as many of its large and more profitable engineering projects get executed. Power boilers, defence, ship building, dredging, realestate development and exports are set to open up large growth opportunities for the company in the long-run. The company's investments in the L&T Infotech and many infrastructure subsidiaries also hold large potential valueActual EPS for year ended March 2005 : Rs 22.5Actual EPS for year ended March 2006 : Rs 30.8Projected EPS for year ended March 2007 : Rs 40.0

by erectusplus at 10:44:00 |