L&T Historical Performance in March

L&T has been in the news for wrong reasons – Hostile bid for Satyam Computers which has eroded its stock price as Satyam’s Scam unfolded.

Investors who have destroyed wealth in the past 12 months in L&T have been asking about the performance of the stock in the month of March. Credit Suisse analyzed the historical performance of the stock in the past 16 years and it has outperformed the SENSEX only 6 times all of it during upcycles.

The following Graph shows L&T’s Performance in the Month of March over the last 16 years.