L&T and BEML appear to be fairly valued at this point in time and investors could consider an entry at declines.
Despite disappointing numbers from L&T and BEML , their future outlook appears to hold more promise. L&T, on the other hand, remained a broad market outperformer, barring the initial hiccups.
Sell Sesa Goa Ltd, with a target price of Rs 265," says Tarang Bhanusali, India Infoline. "If one wishes to buy it, then do so at Rs 240-230," he suggests.