1. I am bullish on Larsen and toubro and one can conside rbottom fishing in this stock as stock is going to get benefitted immensely from NSG waiver and one must keep an eye on its order book position. Stock in short term is going to touch 2615 levels.
2. L&T has bagged new orders of Rs 5000 crore and thus its current order book stands tall at Rs 39,000 crore. If one has money than one can buy its stock as fixed income plan for their children and they are bound to become millionaire and billionaire by the time they grow up as such large magnitude companies are immune to recession. These companies may ber effected for a short time due to recession but since these companies have a vision and thus they have already factored the same in their vision and have worked in those areas which are bound to give the result in coming years.