Thursday, December 27, 2007

LARSEN AND TOUBRO (BSE: 500510)

CMP: 4194
TGT: 11111 (including splits, bonus etc)
Duration: 2 years

1)Larsen & Toubro Ltd (L&T) has announced that Larsen & Toubro (Oman) LLC has added one more feather to its cap by securing the prestigious project of Muscat Golf Course valued at Rs 433.5 Crores (R.O.42.500 Mn & US$ 110.37 Mn).

2)Larsen & Toubro Ltd (L&T) has announced that Larsen & Toubro (Oman) LLC, one of the leading Engineering & Construction majors in Oman, has received two EPC Contracts totaling US$ 79.71Mn (Rs 315.20 Cr), from Dhofar Power Company and Muscat Electricity Distribution Company for Electrical Substations & associated works in Oman.

With the name, the no. of order it gets, everything... I feel its the best stock, a must in everyones portfolio.

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