The stock of Larsen & Toubro has gained 11% over the past three months compared with the 7% gain in the S&P BSE Capital goods index. The outperformance of India’s largest infrastructure company is likely to sustain given the strong order flow and execution in the September quarter.
Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu
If you are investing in the high growth sectors, you can expect a 20% earnings growth. But if you are going to be a diversified