Technical analyst Alpesh Furiya has maintained 'sell' rating on Larsen & Toubro Limited with a 4-5 day target of Rs 1880.

The analyst said that the stock can be sold below Rs 1930 with a stop loss of Rs 1970.

Today, the stock of the company opened at Rs 1942 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.

Current EPS & P/E ratio stood at 56.10 and 34.94 respectively.

Larsen & Toubro Infotech Ltd, a worldwide IT services supplier, has declared anaffiliation with IBM in the BPM space, utilizing its WebSphere Lombardi Suite of products.

Via this affiliation, L&T Infotech and IBM aspire to provide BPM solutions comprising business process modeling, execution, integration solutions and services to its customers.

On December 07, Larsen & Toubro Ltd. said that it will strengthen its power equipment making capacitance hinging upon long-standing demand and administration plan governing the import of low-priced Chinese power gear.

Ravi Uppal, chief executive of Larsen Power Ltd stated, "The inquiry bank looks good. The question is how many of these inquiries get converted into orders. It is going to depend on how it moves with coal linkage, environmental clearance for customers. There are a whole lot of factors which come into play."

Larsen Power, which has a total capacitance to build equipment able to produce 4,000 MW of power, is a wholly owned entity of the company.