Hey guys !!
Today we are going to talk about Larsen and toubro.
If we talk about Engineering sector/infrastructure sector, there's no competition for larsen and toubro. Larsen and toubro is number one share in Engineer sector. According to many different analysts there's nothing more to lose in Larsen and toubro, but gain potential is very high.
First We will look at shareholding pattern to understand more.
FIIS:- 18.78%
MUTUAL FUND :- 19.37%
INSURANCE COMPANY:- 17.82%
Non institutional investors:- 43.51%
Others:- 1.36%
Other Diis :- 0.84%
Majority shareholders:- Non institution
Pledge promoters holdings:- None
Mutual fund :- held in 57Schemes (19.37%)
FIIs:- held by 876 FIIs(18.78%)
There's no problem of pledged shares. And also Mutual fund's favourite stock, about 57scheme has invested in larsen and toubro, and 876 FII invested money in it.
Let's have look at technical chart.
If you look at all time high of rs 1607 on 28may 2019, after weakness LT was at 1309 on 1jan2020. After that LT made low of rs 754 on 26Mar2020. If you compare January to March fall it is about 556rs fall which is about -41.44%.
If you look at 28may2020 price, it is about 910.
My personal opinion in this share is, if you want to invest for more than 2to3years than invest otherwise don't. The possibilty for further fall is very low but gain potential is very high, if you can wait for long term than you should invest in Larsen and toubro, this share will give you really high return in coming years.
Now come to ticker tape, we will see price forecasting on this share. This forecasting is for may2021,
High side forecasting: 1600
Lower side forecasting:- 891
Average:- 1200
Cmp :910
Cmp is at lower than intrinsic value, this is very rare. And really good for value investment.
This share has track record, that over the years, it has always gave more return than fixed Deposit on an average.
Entry point is also good, because this share is not in overbought zone yet.
I encourage you to study on larsen and toubro and then only invest if you feel safe.
"Let's create wealth together"
Today we are going to talk about Larsen and toubro.
If we talk about Engineering sector/infrastructure sector, there's no competition for larsen and toubro. Larsen and toubro is number one share in Engineer sector. According to many different analysts there's nothing more to lose in Larsen and toubro, but gain potential is very high.
First We will look at shareholding pattern to understand more.
FIIS:- 18.78%
MUTUAL FUND :- 19.37%
INSURANCE COMPANY:- 17.82%
Non institutional investors:- 43.51%
Others:- 1.36%
Other Diis :- 0.84%
Majority shareholders:- Non institution
Pledge promoters holdings:- None
Mutual fund :- held in 57Schemes (19.37%)
FIIs:- held by 876 FIIs(18.78%)
There's no problem of pledged shares. And also Mutual fund's favourite stock, about 57scheme has invested in larsen and toubro, and 876 FII invested money in it.
Let's have look at technical chart.
If you look at all time high of rs 1607 on 28may 2019, after weakness LT was at 1309 on 1jan2020. After that LT made low of rs 754 on 26Mar2020. If you compare January to March fall it is about 556rs fall which is about -41.44%.
If you look at 28may2020 price, it is about 910.
My personal opinion in this share is, if you want to invest for more than 2to3years than invest otherwise don't. The possibilty for further fall is very low but gain potential is very high, if you can wait for long term than you should invest in Larsen and toubro, this share will give you really high return in coming years.
Now come to ticker tape, we will see price forecasting on this share. This forecasting is for may2021,
High side forecasting: 1600
Lower side forecasting:- 891
Average:- 1200
Cmp :910
Cmp is at lower than intrinsic value, this is very rare. And really good for value investment.
This share has track record, that over the years, it has always gave more return than fixed Deposit on an average.
Entry point is also good, because this share is not in overbought zone yet.
I encourage you to study on larsen and toubro and then only invest if you feel safe.
"Let's create wealth together"
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