L&T expecting higher traction on international orders: Anish Damania

In a chat with ET Now,Anish Damania, Head-Institutional Equities, IDFC Securities, shares his views on L&T.

ET Now: What did you make of the guidance set out by L&T ?

Anish Damania: What L&T is expecting is a higher traction on its international orders and execution thereby. They are also saying that if the sentiments improve and with this new government in place, you will see increased ordering activity and they will be able to participate in a larger manner given their presence in almost all the segments, and third thing is execution also is expected to increase and this is probably is giving a lot of confidence to the L&T management. So these are the few aspects which they are seeing or looking at when they have up their guidance.