2. Larsen and toubro was able to make a profit of 100 crore through its subsidiary company and greed took its toll and a conglomerate of this size which should have had avoided speculative business has been trapped this year in Zinc as its prices nose dived to the tune of 44%.
3. Larsen and toubro is in red with losses to the tune of 200 crores staring it. Thus in the light of new facts it is possible that the stock may touch Rs 2000 levels. One can accumulate this scrip with in the price range of Rs 2000-2400 as the company has a healthy order book to the tune of Rs 40,000 crore.
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