Brokerages bullish on L T post Q2 results; should you buy

INSUBCONTINENT EXCLUSIVE:
Brokerages maintained their bullish stance on Larsen Toubro (LT) after the company reported a 28 per cent year-on-year rise in consolidated
net profit for the quarter ended September on strong order inflows. The figure read Rs 2,593 crore as against a profit of Rs 2,020 crore in
against the previous close of Rs 1,298.35 on the BSE
1,725 from Rs 1,620 earlier. Investec added that the company reported stellar result and ticked all boxes in Q2
1,880 from Rs 1,825 earlier
Toubro with a target price of Rs 1,570