Buy Larsen & Toubro, target Rs 1,365: Dharmesh Shah

Dharmesh Shah of ICICI Direct has a buy call on Larsen & Toubro with a target price of Rs 1,365.

The current market price of Larsen & Toubro is Rs 1,295.15.

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

Dharmesh Shah recommended to keep stoploss at Rs 1,260.


Larsen & Toubro, incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 1,81,498.37 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.