Use correction to buy L&T for long term: G Chokkalingam, Equinomics Research & Advisory

In a chat with ET Now, G Chokkalingam, Founder & Managing Director, Equinomics Research & Advisory Pvt. Ltd., talks about L&T.

ET Now: Do you suggest 'buy on dips', because this one has not quite cracked?

G Chokkalingam: It is undoubtedly a great company in infra space, but valuations are certainly not comfortable at all. So if there is at least 5% correction, I would suggest that you buy it, that too for long term. For the short to medium term, it is fully priced in.