Larsen and Toubro CMP: 3,117.00
Larsen and Toubro was trading around 2400 before the market corrected in August 07. It slipped upto around 2200 during the correction and now it has shot up post market correction. Currently Larsen and Toubro stock is trading at 3100 level. The Stock has consistantly outperformed the Indian Stock Markets and continues to do so. Larsen and Toubro may announce a bonus to investors which may take the Larsen and Toubro Stock Price upto 4300 by March 2008. Even if it does not announce a bonus, Larsen and Toubro has a very good order book (worth billions of rupees) to take it to new highs.
-- Happy Investing