Buy LT: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher is of the view that one can buy L&T.

Dilip Bhat of Prabhudas Lilladher told CNBC-TV18, "I would still buy  Larsen and Toubro . Since the economic recovery is still some time away, and it is not really to be immediately seen, the concentration should be on the frontline stocks whether it is a private sector banking, whether it is front line IT companies, whether it is pharma companies or maybe a very select midcaps which are still something like Cummins India  or may be like KPIT Technologies , but I think the concentration should be somewhere on there. Larsen and Toubro also looks pretty good and interesting."

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