Live Markets »News & Advice»Most Read»Most Read Details
Most Read Details

Goldman Sachs removes L&T from conviction buy list

Reuters/ 04 Jul 12 | 11:51 AM
Related to : Larsen & Toubro Ltd
 Larsen & Toubro Ltd

BSE   07 Oct 15 | 01:53 PM

1547.00  -6.6 (-0.42%)

NSE   07 Oct 15 | 01:44 PM

1545.60  -9.25 (-0.59%)

Goldman Sachs removes Larsen & Toubro from its Asia Pacific conviction buy list following the stock's outperformance over the last month.

However, the investment bank retains its "buy" rating on the stock, citing robust order inflows year to date and continued market share gain.

Related Stories

    No Related Stories Found

Since being added to the conviction list on January 18, 2012, L&T shares have gained 13 percent vs. BSE Sensex rise of 6 percent and BSE Capital Goods index's 5 percent gains.

L&T shares were down 0.1 percent at Rs 1,402.45.


Company Price Gain (%)
Hindalco Inds.82.2010.04
Tata Steel235.353.61
Tata Motors344.253.22
O N G C254.753.12


Will rate sensitive shares outperform in the near term post the rate cut by RBI?

Online Portfolio

You can create Online Portfolio here using the below button.