Technical analyst Manoj Sachdeva of Hem Securities has maintained 'buy' rating on Larsen & Toubro Limited stock with a target of Rs 2005.

The analyst said that the interested investors can attain the said target with a stop loss of Rs 1945.

Mr. Sachdeva said that the said target can be attained within 3-4 trading sessions.

The stock of the company, on December 29, closed at Rs 1955.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1295.50 on BSE.

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

Larsen & Toubro (L&T) has pocketed orders worth Rs 11.64 billion through its metallurgical, material handling and water operating company, a part of its construction segment, from different clients.

The company's Minerals and Metals Business section has bagged a deal worth Rs 5.23 billion from Tata Steel.

This deal will be executed via a joint venture of Tata Steel and a technology associate for making top-quality cold rolled steel sheet for automotive purpose, comprising skin sheets and high tensile steel.

Nippon Steel Engineering will supply the expertise and imported line tools.

L&T`s range covers technical as well as project management services, innovation and manufacturing, supply of plant & tools, utilities, civil & structural works and full assembly of the facility.

The order is said to be finished in a period of 30 months.

The company bagged deals valued at Rs 1.1 billion from Punjab Water Supply & Sewerage Division.

The completion time of the project is one year.