BUY LARSEN & TOUBRO SHARES
Larsen and Toubro "CORPORATE" has posted a decline of 27% with profit consolidated for the Quarter Forth of 1014-15 at Rs. 2070 Crores. Profit has been dropped from Rs. 2840 Crores which includes a Rs. 664 Crores amortization charges related to toll road projects. The Revenue was considered to be Rs. 28,023 Crores in last quarter compared to Rs. 27,024 Crores in 2013-14. The profit decelerated to Rs. 4765 Crores ending March 31, 2015 compared with Rs. 4902 Crores in 2013-14. Why this "CORPORATE" ended up in decelerating profit in Share Market ? The reason is simple as they face challenges in implementing International Projects related to hydrocarbons sector is on the decline. Revenue for this fiscal year has increased to Rs. 92005 Crores as compared to Rs. 85,128 Crores in 2013-14. Order book for the group stood at Rs. 232,649 Crores which was 28% higher than the previous year. The Infrastructure Projects gained 19% Revenue at Rs. 43,426 Cro...