Buy Larsen Toubro; target Rs 1445: Dr CK Narayan

INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Larsen Toubro with a target price of Rs 1445
The current market price of Larsen Toubro is Rs 1428.4 Time period given by analyst is Intra Day when Larsen Toubro price can reach
defined target
Dr CK Narayan recommended to keep stoploss at Rs 1410
Larsen Toubro, incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 200293.15 crore) operating in
Miscellaneous sector
Larsen Toubro key Products/Revenue Segments include Income From Construction Work which contributed Rs 66978.07 crore to Sales Value
(89.76 per cent of Total Sales), Income from Manufacturing and Trading Activities which contributed Rs 5575.56 crore to Sales Value (7.47
per cent of Total Sales), Other Operating Revenue which contributed Rs 1042.08 crore to Sales Value (1.39 per cent of Total Sales), Other
Services which contributed Rs 666.64 crore to Sales Value (0.89 per cent of Total Sales), Commission which contributed Rs 159.80 crore to
Sales Value (0.21 per cent of Total Sales), Property Development which contributed Rs 96.68 crore to Sales Value (0.12 per cent of Total
Sales), Lease Rentals which contributed Rs 74.08 crore to Sales Value (0.09 per cent of Total Sales) and Engineering which contributed Rs
18.74 crore to Sales Value (0.02 per cent of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 32080.83 crore, up 13.43per cent from last quarter
Sales of Rs 28283.45 crore and up 21.30per cent from last year same quarter Sales of Rs 26446.76 crore
Company has reported net profit after tax of Rs 2689.63 crore in latest quarter
Mr.D K Sen, Mr.Hemant Bhargava, Mr.Jayant Damodar Patil, Mr.M Damodaran, Mr.M M Chitale, Mr.M V Satish, Mr.Narayanan Kumar, Mr.R Shankar
Raman, Mr.S N Subrahmanyan, Mr.Sanjeev Aga, Mr.Shailendra Narain Roy, Mr.Subodh Bhargava, Mr.Subramanian Sarma, Mr.T Thomas Mathew,
Mr.Vikram Singh Mehta, Mrs.Naina Lal Kidwai, Mrs.Sunita Sharma.