1. I am time and again recommending Larsen and Toubro as it is reinventing itself and is also successfully developing new businesses.
2. Larsen and Toubro is enjoying higher margins and order book by virtue of domestic infrastructure and global hydrocarbon investments.
3. It is amazing to note that it is targeting a turnover of Rs 30,000 crore (Rs 300 billion) by FY10 as compared with Rs 18,363 crore (Rs 183.63 billion) in FY07.
4. One can safely invest in this stock as going forward more business is likely to come, as the government is planning for an infrastructure investment of $500 billion during the Eleventh Five Year Plan and its engineering and construction division has an order book of Rs 42,000 crore (Rs 420 billion).
5. L&T is generating returns from its overseas markets and is also planning for exports increase by 25 per cent of 2010 sales.
6. L&T is entering shipbuilding, railway locomotives, power generation and power equipment as well which will give a further boost to its revenues. One can expect 30% returns with a one year time horizon frame.
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2. Larsen and Toubro is enjoying higher margins and order book by virtue of domestic infrastructure and global hydrocarbon investments.
3. It is amazing to note that it is targeting a turnover of Rs 30,000 crore (Rs 300 billion) by FY10 as compared with Rs 18,363 crore (Rs 183.63 billion) in FY07.
4. One can safely invest in this stock as going forward more business is likely to come, as the government is planning for an infrastructure investment of $500 billion during the Eleventh Five Year Plan and its engineering and construction division has an order book of Rs 42,000 crore (Rs 420 billion).
5. L&T is generating returns from its overseas markets and is also planning for exports increase by 25 per cent of 2010 sales.
6. L&T is entering shipbuilding, railway locomotives, power generation and power equipment as well which will give a further boost to its revenues. One can expect 30% returns with a one year time horizon frame.
Subscribe Here to Get Free Millionaire Potential Stocks in Your Email Inbox Free Of Cost.
