RIL, SBI & L&T are 3 stocks to buy for next 3 years: Chakri Lokapriya

“L&T is very well positioned and valuations are on its side. The order book is okay and it will point in the right direction. The multiples are pretty much in their favour. One in four projects or one in five projects in India go to L&T. So if you believe that capex is going to go up, one should buy L&T.”

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