Why Are L&T Shares Falling?

Is L&T a blue chip company?

Blue-chip companies like HDFC Bank, ITC, L&T and Wipro award crores of shares to their employees.

HDFC Bank, ITC, L&T, and Wipro have awarded crores of shares to their employees and many more such equity offerings appear to be in the pipeline..

Which share is good for long term?

List of best stocksSLNamePrice (Rs.)1ICICI Securities4542Dolat Investments43.93IOL Chemicals & Pharm691.554Manappuram Finance Lt162.43 more rows

Is it good to buy L&T shares?

Motilal Oswal has given a buy rating to Larsen & Toubro with a target price of Rs 1,200. L&T, being a diversified EPC player, has an ability to adjust business models to growth avenues, both segment wise as well as geographically, says the brokerage. … The last traded stock price is Rs 833.70.

Is L&T an Indian company?

Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.

Which share is best to buy now?

Latest in Today’s PickVedanta (₹150.4): Buy. … Birlasoft Limited (₹232.8): Buy. … Piramal Enterprises (₹1,345.4): Sell. … Index Outlook | Sensex, Nifty 50 stretch the rally. … General Insurance Corporation of India (₹145.2): Buy. … Gateway Distriparks (₹119.7): Buy. … Dishman Carbogen Amcis (₹162.7): Buy.More items…

Is L&T a debt free company?

L&T had a consolidated debt of Rs 1.24 trillion as of March 2019, with the finance cost of Rs 9,354 crore last year. The consolidated debt includes a debt of Rs 91,504 crore of its finance company. … Our standalone debt after reducing cash is not high for the size of the organisation.

Is it right time to buy L&T shares?

In my view, one should buy Larsen & Toubro (L&T) at these prices because it trades substantially below its historical valuations and at a record discount to market valuation. It is trading at a 50- 60% discount on the overall Nifty PE. … It is a low risk bet at the current market valuations.

Can I buy L&T shares?

This is one of the best investment an investor can make in this year is to buy L&T shares cum bonus and cum dividend at the current price of Rs 1,400. … Investors should sell non performing stocks in their portfolio and switch the funds into Larsen & Toubro shares for super gains.

Which share is best to buy tomorrow?

stocks to buy tomorrow intraday NSE. Stocks going UP tomorrowCompanyToday’s MovementTomorrow’s MovementHimatsingka Seide HIMATSEIDE Experts ViewBullishmight go UP Tomorrow buyInspirisys Solutions INSPIRISYS Experts ViewBullishmight go UP Tomorrow buyMaan Aluminium MAANALU Experts ViewBullishmight go UP Tomorrow buy3 more rows

Which company will give bonus share in 2021?

BONUS ISSUESCompany NameProportionRecord DateGanga Forging1:312-Jan-2021SILGO Retail1:408-Jan-2021Pilani Investment2:502-Jan-2021Valiant Organics1:128-Dec-202095 more rows