L&T Infotech IPO: Subscribe considering the diverse IT services and cheap valuation

Jainam Research | July 11, 2015, midnight


We at Jainam Wealth recommend our Investor to “SUBSCRIBE” to the Larsen & Toubro Infotech Ltd IPO considering the diverse IT services, robust financial, long-term relationship with clients & revenue generation from repeated business, experienced management and available at cheap valuation of 13x P/E at upper price band.


Price Band Rs.705 - 710. Issue open on 11th July and close to 13th July. Market Lot 20 Shares.

 

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