Tag: L&T

L&T shares fall 6% as brokerages cut target prices after Q4 results. Should you buy or sell?

 stock analyst  05/09/2024  0 Comments on L&T shares fall 6% as brokerages cut target prices after Q4 results. Should you buy or sell?

L&T Share Price: Brokerage firm CLSA reduced its target price to Rs 4,151 but maintained a buy call on the Nifty stock, Motilal Oswal reduced it to Rs 4,000 while Kotak Institutional Equities gave a sell call with a target price of Rs 3,000.

Don’t plan to get into IT stocks for next few months; play telecom via Reliance: Daljeet Singh Kohli

 stock analyst  04/18/2024  0 Comments on Don’t plan to get into IT stocks for next few months; play telecom via Reliance: Daljeet Singh Kohli

Daljeet Singh Kohli advises caution in the IT sector, preferring telecom, EV, and two-wheeler sectors for investments. Kohli says: \”We do not believe IT companies are at the end of the tunnel. It will take some more time, especially the BFSI segment which is the mainstay for most of our IT companies. Unless that picks up, I do not think they will have too much to talk about in terms of numbers.\”