Buy Larsen & Toubro, target Rs 1,374: Dharmesh Shah

ETMarkets.com|
Mar 13, 2018, 08.10 AM IST
Dharmesh Shah of ICICI Direct has a buy call on Larsen & Toubro with a target price of Rs 1,374.

The current market price of Larsen & Toubro is Rs 1,309.85.

Time period given by the analyst is 'Intra Day' when Larsen & Toubro price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 1,280.

Larsen & Toubro, incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 1,83,558.38 Crore) operating in Miscellaneous sector.

The company’s top management includes Mr.A M Naik, Mr.Adil Siraj Zainulbhai, Mr.Ajay Shankar, Mr.Akhilesh Krishna Gupta, Mr.Arvind Gupta, Mr.D K Sen, Mr.Jayant Damodar Patil, Mr.M Damodaran, Mr.M M Chitale, Mr.M V Satish, Mr.N Kumar, Mr.R Shankar Raman, Mr.S N Subrahmanyan, Mr.Sanjeev Aga, Mr.Shailendra Narain Roy, Mr.Subodh Bhargava, Mr.Subramanian Sarma, Mr.Sushobhan Sarker, Mr.T Thomas Mathew, Mr.Vikram Singh Mehta, Mrs.Naina Lal Kidwai, Mrs.Sunita Sharma.

Company has Sharp & Tannan as its auditors.

As on 31-12-2017, the company has a total of 1,401,031,621 shares outstanding.
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