Stay invested in LT: Fairwealth Securities

Sharmila Joshi, Head Of Equities, Fairwealth Securities is of the view that one can stay invested in Larsen and Toubro .

Joshi told CNBC-TV18, “I would suggest a hold Larsen and Toubro because I think that going forward if you have about eight-nine month kind of a perspective then I really see things turning in favor of capital goods as a player and I think that the expectation is also that L&T will get good orders in the next five-six months. So that will considerably improve the outlook for L&T, so I would really recommend that stay invested.”

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