Varner: If it impacts script price or not, I dont have much view. However, its very GOOD that they are getting out of non core activities. It better L&T keeps focus on business in hand, it should have nothing to do with establishing and buying in IT business. Any way, as a investor in L&T, this is my view.
At this point what L&T did in disposing Sathyam shares is good sensible act. They can avail more funds for the running projects with this as margin. L&T can expedite project activities and keep commitments.