Larsen and Toubro

Can I buy L&T

Posted by : venkatinvest

Can I buy L&T now or should I wait until bonus share is issued? If i buy it now whether i will be eligible to get bonus share?

Can I buy L&T

Posted by : venkatinvest

Can I buy L&T now or should I wait until bonus share is issued? If i buy it now whether i will be eligible to get bonus share?

Larsen shor term down target =2200....

Posted by : tunga

This is just for your information L&T traded at Rs 2148/2231 on 1/07/08 and 3/07/08. All other days it was much higher than what you quoted.Your expectation of Rs 2200 may be after 25Th of November or ex date of bonus.

prepare yourself for 3050

Posted by : rfb

Expect L&T to cross 3,000 before ex bonus date of 01/10.
Ex bonus 1,550+ with an upward trend atleast in Oct & mid Nov.
Based on today\\`s closing price of 2,672 and PE of 34, it can go up to a safe PE of 40 i.e. 3,100.
Q2 results are expected to be better YoY. Chairman has predicted 30% increase in sales YoY in AGM. Margins also expected to remain intact. Slowdown in construction industry is not going to effect L&T. Order book is already overflowing. 75 % of the current orders are covered by the price escalation clause to cover the company against increase in prices of steel and cement and all future orders are covered by the same clause.
Inflation is now on a downward trend so is the oil price. Re has fallen so low that I feel now it has to strengthen. All depends on overall Q2 results and performance of foreign markets. Performace of Indian economy is going to remain sluggish.
This is my prediction based on the above facts and it may come true if the market does not play spoilsport. There is a saying \\`man wishes and God laughs\\`.
RFB

Can I buy L

Posted by : venkatinvest

Can I buy L

prepare yourself for 3050

Posted by : essay08

with 1:1 bonus being declared, going forward the EPS will halve from 78 to 39 and PE will double from 33 to 66. Assuming the price remains the same, how will the market men read and interpret the high PE.

prepare yourself for 3050

Posted by : essay08

with 1:1 bonus being declared, going forward the EPS will halve from 78 to 39 and PE will double from 33 to 66. Assuming the price remains the same, how will the market men read and interpret the high PE.

prepare yourself for 3050

Posted by : essay08

with 1:1 bonus being declared, going forward the EPS will halve from 78 to 39 and PE will double from 33 to 66. Assuming the price remains the same, how will the market men read and interpret the \\\\

prepare yourself for 3050

Posted by : rfb

Expect L&T to cross 3,000 before ex bonus date of 01/10.
Ex bonus 1,550+ with an upward trend atleast in Oct & mid Nov.
Based on today\\`s closing price of 2,672 and PE of 34, it can go up to a safe PE of 40 i.e. 3,100.
Q2 results are expected to be better YoY. Chairman has predicted 30% increase in sales YoY in AGM. Margins also expected to remain intact. Slowdown in construction industry is not going to effect L&T. Order book is already overflowing. 75 % of the current orders are covered by the price escalation clause to cover the company against increase in prices of steel and cement and all future orders are covered by the same clause.
Inflation is now on a downward trend so is the oil price. Re has fallen so low that I feel now it has to strengthen. All depends on overall Q2 results and performance of foreign markets. Performace of Indian economy is going to remain sluggish.
This is my prediction based on the above facts and it may come true if the market does not play spoilsport. There is a saying \\`man wishes and God laughs\\`.
RFB