L &T _ has enough steam to out perform Nifty for next few years

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Aug 3, 2017.

  1. kharb

    kharb Well-Known Member

    Aug 15, 2015
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    In my view, Infrastructure and defence sectOrs may out perform on Govt spendings .In small and mid cap there are many companies which may benefit but risk is that many compnies may fail again like 2008 . L& T has been a compartive safe bet in infrastructure sector in past and inspite of being Mega Cap may still out perform Nifty and market for next few years .I expect atleast 15 % CAGR in L& T for next 5 years or even more ,so looks to be buy on any decline..This is only my view for discussion in this forum and no recommendation to buy the stock.I hold the stock in my long term portfolio
    Last edited: Aug 4, 2017