Analyst Rating
based on 33 analysts
87.88%
Buy
6.06%
Hold
6.06%
Sell
Based on 33 analysts offering long term price targets for Larsen & Toubro Ltd. An average target of ₹3987.64
Source: S&P Global Market Intelligence
Larsen & Toubro Ltd Share analysis
Larsen & Toubro Ltd price forecast by 33 analysts
Upside of7.91%
High
₹4390
Target
₹3987.64
Low
₹2946
Larsen & Toubro Ltd target price ₹3987.64, a slight upside of 7.91% compared to current price of ₹3730.45. According to 33 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Larsen & Toubro Ltd revenue growth forecast
Expected growth rate Q1, FY2026:32.15%
Forecast
Actual
Including amortisation and stock based compensations
Larsen & Toubro Ltd EPS growth forecast
EPS estimate Q1, FY2026:48.12%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹3,684.2₹3,757.9552 Week's Low
52 Week's High
₹2,846.05₹3,919.9
| Returns % | |
| 1 Month Return | + 3.94 % |
| 3 Month Return | + 0.16 % |
| 1 Year Return | + 26.55 % |
| Market Stats | |
| Previous Close | ₹3,695.20 |
| Open | ₹3,689.00 |
| Volume | 22.50L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹5,08,088.12Cr |
Key Statistics
| P/E Ratio | 38.24 |
| PEG Ratio | 2.32 |
| Market Cap | ₹5,08,088.12 Cr |
| P/B Ratio | 8.05 |
| EPS | 113.26 |
| Dividend Yield | 0.9 |
| Sector | Infrastructure Developers & Operators |
| ROE | 13.69 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹5,08,088.12 Cr | 36.07% | 0.63 | ₹15,569 Cr | ₹2,21,112 Cr | |
| BUY | ₹2,13,087.21 Cr | 89.56% | 0.56 | ₹1,630 Cr | ₹6,427 Cr | |
| HOLD | ₹65,961.08 Cr | 49.24% | 0.58 | ₹1,926 Cr | ₹4,495 Cr | |
| HOLD | ₹62,430.24 Cr | 75.99% | 0.57 | ₹1,326 Cr | ₹3,977 Cr | |
| BUY | ₹1,27,725.68 Cr | 90.34% | 0.67 | ₹1,554 Cr | ₹10,316 Cr |
Company Information
L&T's business operations span across multiple industries, including infrastructure, power, heavy engineering, construction, real estate, manufacturing, and financial services. Its top products include heavy engineering products, construction equipment, construction materials, and engineering services. The company's popular brands include L&T Valves, L&T Switchgear, L&T Technology Services, L&T Power, and L&T Constructions.
L&T also has international operations in more than 30 countries, with key markets in the Middle East, Africa, and Southeast Asia. The company has a wide portfolio of products and services, ranging from engineering and construction to financial services. It also provides solutions for the energy, transportation, and defense sectors.
Share Price: ₹3730.45 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹5,08,088.12Cr as of today
Revenue: ₹55,119.82Cr as on June 2024 (Q2 24)
Net Profit: ₹3,440.11Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: A M Naik
| Organisation | Larsen & Toubro Ltd |
| Headquarters | |
| Industry | Infrastructure Developers & Operators |
| E-voting on shares | Click here to vote |
Key events for Larsen & Toubro Ltd
Goldman Sachs Reiterates Buy Rating for L&T - 18 Sep, 2024
Goldman Sachs has reiterated its buy rating on Larsen & Toubro, targeting Rs 4,165 per share, supported by positive order flow and revenue growth outlook. The stock has gained over 30% from its 52-week low, reflecting strong market confidence.
Successful Trials of Indian Light Tank Zorawar - 14 Sep, 2024
The Defence Research and Development Organisation (DRDO) successfully conducted the first phase of field firing trials for the Indian light tank 'Zorawar', developed in collaboration with Larsen & Toubro Ltd. This project highlights contributions from various Indian industries, including MSMEs.
L&T Plans Major Investment in Semiconductor Sector - 12 Sep, 2024
Larsen & Toubro's subsidiary, L&T Semiconductor Technologies, will invest $300 million over three years to establish a fabless semiconductor project, aiming for 15 products by 2027. The company recently acquired SiliConch Systems for Rs 183 crore to enhance its capabilities in chip design.
L&T Expands Semiconductor Ventures and Sets Target Price - 11 Sep, 2024
Larsen & Toubro is investing over $300 million in a semiconductor venture and collaborating with IBM for processor design. A brokerage sets a target price of Rs 3,780 for L&T stock.
L&T Partners with IBM for Advanced Processor Development - 10 Sep, 2024
L&T Semiconductor Technologies, part of Larsen & Toubro, has partnered with IBM to develop advanced processors aimed at enhancing edge devices and hybrid cloud systems, signaling a significant advancement in India's semiconductor ecosystem.
Larsen & Toubro Executives Benefit from ESOP Gains - 06 Sep, 2024
Top executives at major Indian companies, including Larsen & Toubro, saw their wealth increase by over ₹10,300 crore due to successful employee stock options (ESOP) allocations in the past two years.
Larsen & Toubro Involved in UK-India Pact - 05 Sep, 2024
Larsen & Toubro participated in the signing of the UK-India Infrastructure Financing Bridge Pact, aimed at enhancing infrastructure development through collaboration with various stakeholders.
Larsen & Toubro Forecasts Strong Revenue Growth - 04 Sep, 2024
Larsen & Toubro is projected to achieve a 15% revenue CAGR from FY23 to FY30, supported by a recovery in the capex cycle and market share gains, indicating potential for margin expansion and stock gains.
Larsen & Toubro Expands into Renewables Sector - 03 Sep, 2024
Larsen & Toubro has established a new business vertical focused on renewable energy, indicating a strategic shift towards sustainable solutions in its operations.
L&T Establishes Renewable EPC Business Vertical - 02 Sep, 2024
Larsen & Toubro has created a new Renewable EPC business vertical to enhance its capabilities in sustainable energy infrastructure, capitalizing on growing demand and opportunities in the sector.
Motilal Oswal Issues Buy Call on Larsen & Toubro - 30 Aug, 2024
Motilal Oswal has recommended a buy on Larsen & Toubro, setting a target price of Rs 4,150. The stock closed at Rs 3,690 on August 29, 2024, indicating a potential return of approximately 13%.
Larsen & Toubro Ventures into 3D-Printed Villas - 29 Aug, 2024
Larsen & Toubro is pioneering 3D-printing technology by constructing India's first luxury villas in Bengaluru, with costs exceeding Rs 60 crore, showcasing innovation in construction.
L&T Construction Leverages 3D Printing to Cut Timelines - 28 Aug, 2024
L&T Construction is utilizing 3D printing technology to reduce construction timelines by up to 50%. The company has completed seven projects, including a significant building for the Ministry of Defence. While the technology is still in early stages in India, it has been certified for use in low-rise buildings and aims to expand into affordable housing. This innovation reduces wastage and labor needs, although skilled workers remain essential for other construction tasks.
L&T Enhances Efficiency and Solar Project Capacity - 27 Aug, 2024
Larsen and Toubro Ltd has improved the efficiency of 40,000 machines and has completed 6GW of solar power projects, with 16GW more underway.
BofA Maintains Buy Call on L&T with Positive Outlook - 26 Aug, 2024
BofA has reiterated a buy rating on Larsen & Toubro with a target price of Rs 4043, citing confidence in FY25 guidance and potential margin expansion in the Middle East business.
Bullish Outlook for Larsen & Toubro Shares - 23 Aug, 2024
Analysts express a bullish sentiment on Larsen & Toubro, predicting potential gains towards Rs 3,730-3,740. Current trading shows a slight increase of 0.25% at Rs 3,615.05.
L&T Secures Major Order Amid GST Victory - 21 Aug, 2024
Larsen & Toubro's shares rose after the Bombay High Court quashed a Rs 2,237 crore GST demand. The company also secured a large infrastructure order from CIDCO for the Navi Mumbai Airport project, valued between Rs 2,500-5,000 crore.
L&T Gains Relief from Court Amid Mixed Financial News - 20 Aug, 2024
Larsen & Toubro faces scrutiny from the US government while receiving favorable court rulings on a significant GST demand. The company reports a 12% net profit increase, though slightly below expectations, amidst stock price fluctuations.
Insights on Larsen & Toubro Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 17.61% to 17.89% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 36.68% to 37.37% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, LT stock has moved up by 4.5%
NO EFFECTAgainst Peers
In the last 3 years, Rail Vikas Nigam Ltd has given 1628.2% return, outperforming this stock by 1511.4%
- NO EFFECT
Against Peers
In the last 1 year, Rail Vikas Nigam Ltd has given 220.9% return, outperforming this stock by 194.3%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 24.03% to 22.54% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 4.39K Cr → 2.78K Cr (in ₹), with an average decrease of 36.6% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 68.23K Cr → 56.04K Cr (in ₹), with an average decrease of 17.9% per quarter
Larsen & Toubro Ltd Infographics
Larsen & Toubro Ltd Q2 FY2023-2024 Results: Key Insights
Let's find out how Larsen & Toubro performed this quarter (Q2FY24)
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 22.54% | ||
| Mutual Funds | 17.89% | 1.56 | |
| Retail Investors | 37.37% | 1.86 | |
| Others | 22.21% | 2.42 |
Key Indicators
Larsen & Toubro Ltd Valuation
Larsen & Toubro Ltd in the last 5 years
Lowest (10.17x)
March 24, 2020
Today (38.24x)
September 17, 2024
Industry (115.35x)
September 17, 2024
Highest (41.59x)
March 28, 2024
Earnings and Dividends
Larsen & Toubro Ltd Earnings Results
Larsen & Toubro Ltd’s net profit jumped 11.74% since last year same period to ₹2,785.72Cr in the Q1 2024-2025. On a quarterly growth basis, Larsen & Toubro Ltd has generated -36.63% fall in its net profits since last 3-months.
Read More about Earnings ResultsLarsen & Toubro Ltd Dividends May,2024
In the quarter ending March 2024, Larsen & Toubro Ltd has declared dividend of ₹28 - translating a dividend yield of 1.57%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Larsen & Toubro Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Larsen & Toubro Ltd (LT) share price today is ₹3730.45
Larsen & Toubro Ltd is listed on NSE
Larsen & Toubro Ltd is listed on BSE
- Today’s highest price of Larsen & Toubro Ltd is ₹3757.95.
- Today’s lowest price of Larsen & Toubro Ltd is ₹3684.2.
PE Ratio of Larsen & Toubro Ltd is 38.24
PE ratio = Larsen & Toubro Ltd Market price per share / Larsen & Toubro Ltd Earnings per share
Today’s traded volume of Larsen & Toubro Ltd(LT) is 22.50L.
Today’s market capitalisation of Larsen & Toubro Ltd(LT) is ₹508088.12Cr.
| Larsen & Toubro Ltd(LT | Price |
|---|---|
52 Week High | ₹3919.9 |
52 Week Low | ₹2846.05 |
Larsen & Toubro Ltd(LT) share price is ₹3730.45. It is down -4.83% from its 52 Week High price of ₹3919.9
Larsen & Toubro Ltd(LT) share price is ₹3730.45. It is up 31.07% from its 52 Week Low price of ₹2846.05
| Larsen & Toubro Ltd(LT | Returns |
|---|---|
1 Day Returns | 35.25% |
1 Month Returns | 3.94% |
3 Month Returns | 0.16% |
1 Year Returns | 26.55% |