2026-05-14 16:45:26
SKF India Ltd recommends final dividend of Rs. 40
Cybertech Systems and Software Ltd recommends final dividend of Rs. 4
JSW Dulux Ltd recommends final dividend of Rs. 50
LIC Housing Finance Ltd recommends dividend of Rs. 10
Chemfab Alkalis Ltd recommends final dividend of Rs. 1.25Research
Reduce L&T - Target Price Rs.1625 - Kotak
Posted On : 2012-10-23 22:14:21( TIMEZONE : IST )
Strong results but almost full valuations may preclude meaningful performance. L&T reported strong revenues, EBITDA margin and inflows though some chinks remain on contribution margin and Wcap. Large contribution of real estate and roads in 1HFY13 may become a headwind even as power and overseas business are opportunities.
Almost full valuations, 15X one-year forward P/E adjusted for Rs450 of subs value, may preclude outperformance; retain REDUCE (TP of Rs1,625 from Rs1,515).
