Key Points
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says L&T has moved up over the last one, one-and-a-half years, but still there is a long way to go for L&T from current levels..
Of course, the technology businesses, subsidiaries also will pick up based on what is happening as far as expectation of US demand coming back, global demand coming back..
The other subsidiaries and unrelated businesses, wherever there are unrelated assets they are getting rid of it and improving the working capital scenario..
So, under these circumstances, Muthoot Microfinance, which has been running a good book and they have a decent margin profile, they may not be industry leaders in terms of margin profile and other things like that but they run a pretty decent book..
But as things stand today with the metal cycle turning around and considering the price where it is, Vedanta is one stock an aggressive investor can look at taking a bet on for some time..
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