Why to enter in Larsen and Toubro with Caution? | Indian Stocks to Make You a Millionaire
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Why to enter in Larsen and Toubro with Caution?

Posted By On 2:01 PM Under

1. It is said that the market is dynamic in nature and thus one has to be updated in the same regularily to be caught off guard. Despite all good factors like Larsen and Toubro being India’s infrastructure story with strong management, transparent management, corporate governance, healthy order book position, diversification across product categories and geographies; it is likely to suffer in short term and same is attributed to its exposure in Satyam Computers to the tune of Rs 400 Crore.

2. Though it is a blue chip company and it will be able to ride over all the crisis but it will take time for it to recover from this loss due to Satyam Scam which is facing it in form of a monster and that too in the times when sub prime crisis is effecting the Indian economy to a great extent.

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