ICC World Cup 2019 Stock: Is this share Hardik Pandya of Stock Market?

ICC World Cup has begun today with England-South Africa match and so does the perspective of people from various fraternities, which includes stock market. In this line, the Zee Business TV has presented the correlation with some shares and the major cricketers of Team India. They have said that L&T shares are like Indian allrounder Hardik Pandya.

See Zee Business tweet below:

#StocksWorldCup | जानिए बाजार की पिच पर #HardikPandya और #KedarJadhav कि तरह धमाल मचाने वाला शेयर..#WorldCup2019 @AnilSinghviZEE @AshishZBiz pic.twitter.com/Fv7YbOheU3

TRENDING NOW

Multibagger: Mufin Green Finance hits 52-week high as NBFC shares fundraising plan

1:5 bonus stock: Berger Paints shares trade ex-date; stock clocks 52-week high

Funds raised through equity shoot up 42.7% in August

Can't maintain minimum balance in a bank savings account? Use these tips to avoid penalties

Delta Corp asked to pay Rs 11,139 crore for payment of shortfall tax under GST

Home Loan: Is prepaying a home loan through mutual fund investment a feasible option?

TRAI starts consultation on encouraging R&D in telecom, IT, broadcasting

PNB Gilts hits 52-week high; banks, AMCs rise too as JPMorgan announces it will include India in EM debt index

Railway PSU IRFC posts Rs 6,337.01 crore profit in FY23

India vs Australia Free Live Streaming: When and How to Watch IND VS AUS 1st ODI Match Live on TV, Mobile Apps Online

Vivo T2 Pro 5G smartphone launched at starting price of 23,999

Anil Singhvi strategy September 22: Important levels to track in Nifty, Nifty Bank today

Veera: 'Made in India' mobile-only internet browser unveiled

Zaggle IPO Listing Date Today LIVE News: Will Zaggle Prepaid have a positive debut on exchanges?

No NEET-PG eligibility cut-off, counselling to continue till all seats filled: Govt sources

— Zee Business (@ZeeBusiness) May 30, 2019

Elaborating upon the reason for dubbing L&T shares with Hardik Pandya Zee Business TV research team gave these three reasons:

1] Hardik Pandya is an allrounder who can bowl and bat with proficiency and so does the L&T stocks, which has a diversified presence in the market. The company has a robust presence in the construction and has made its presence felt in the hydrocarbon, defense and manufacturing sector. Post-MindTree take over, it is all set to foray into the IT sector as well;

2] As a batsman Hardik Pandya can make runs at high strike rate and in similar fashion L&T order book registers remarkable growth as it's single order are minimum Rs 5000 crore; and

3] As Hardik Pandya is famous among youth, L&T is a favourite stock among the institutional investors and if we go by the FPI holdings 19 percent of their holdings are in L&T.

So, as per the stock market experts at Zee Business TV these are the top three reasons that make L&T shares as Hardik Pandya of the stock market.