What is the future of Larse and Tuobro stock?

In October 2015, Motilal Oswal had recommended a buy on L&T for a target of 2,000/=. Similarly, in October 2015, Shri. Rajesh Tambe had also recommended a buy on L&T for a target of 2,000/=. But L&T is still falling. L&T was above 1500/= in October 2015 and now fast approaching 1,300/=. On 13th November 2015, L&T hit 52 week low. May go below 1,300/= upto 1,200/= very soon.

 

L&T has potential to grow and unlock value for shareholders in the future. Let the stock settle from here @ 1300 and then one can buy .

 

@w4wealth is right in his suggestion. However, generally speaking, small investors should avoid investing in such mega large caps because it takes a great deal to move such companies. If you are bullish on the capital goods space or the infra sector, there are so many well managed small and mid cap companies to choose from. If such companies win even an order of say Rs. 1000 crore, the stock will hit the upper circuit while in the case of L&T even a 5000 crore contract may not get noticed.

As a long-term measure, I suggest you evaluate alternatives to L&T and shift out.

 

Carl Sir, can you please suggest L&T alternatives? A friend has suggested KNR Construction.