Wednesday, January 3, 2007

LnT........sleeping monster

Larsen & Toubro Limited (L&T) is India's largest engineering and construction conglomerate with additional interests in electricals, electronics and IT.

A strong customer-focus approach and constant quest for top-class quality have enabled L&T to attain and sustain leadership position over 6 decades.

L&T enjoys a premiere brand image in India and its international presence is on the rise, with a global spread of over 30 offices and joint ventures with world leaders.

the stock showed some weakness post its bonus .but appears poised 4 giant strides ahead now.....a demerger story is cooking on this counter .with plans of infotech division getting demerged gaining momentum.....demerger could occur either this year or next year(the management is keeping the matters under wrap).a huge unlocking of shareholder value would occur......the scrip is a buy at current levels n has accumulation tag on all declines......its a stock to watch out for 2007

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