L&T Analyst Rating
based on 34 analysts
85.29%
Buy
8.82%
Hold
5.88%
Sell
Based on 34 analysts offering long term price targets for L&T. An average target of ₹4067.91
Source: S&P Global Market Intelligence
L&T Share analysis
L&T price forecast by 34 analysts
Upside of13.99%
High
₹4605
Target
₹4067.91
Low
₹2946
L&T target price ₹4067.91, a slight upside of 13.99% compared to current price of ₹3568.65. According to 34 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
L&T revenue growth forecast
Expected growth rate Q1, FY2027:50.84%
Forecast
Actual
Including amortisation and stock based compensations
L&T EPS growth forecast
EPS estimate Q1, FY2027:76.31%
Forecast
Actual
Source: S&P Global Market Intelligence
L&T Performance
Day's Low
Day's High
₹3,511.95Day's Price Range₹3,579.8552 Week's Low
52 Week's High
₹3,175.0552-Week Price Range₹3,963.5
| Returns % | |
| 1 Month Return | -5.04 % |
| 3 Month Return | -0.26 % |
| 1 Year Return | -0.76 % |
| Market Stats | |
| Previous Close | ₹3,507.90 |
| Open | ₹3,524.00 |
| Volume | 16.00L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹4,82,382.08Cr |
L&T Key Statistics
| P/E Ratio | 36.28 |
| PEG Ratio | 3.25 |
| Market Cap | ₹4,82,382.08 Cr |
| P/B Ratio | 8.05 |
| EPS | 113.26 |
| Dividend Yield | 0.9 |
| Sector | Infrastructure Developers & Operators |
| ROE | 13.69 |
L&T Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹4,82,382.08 Cr | 34.5% | 0.63 | ₹15,569 Cr | ₹2,21,112 Cr | |
| BUY | ₹1,83,383.47 Cr | 37.85% | 0.56 | ₹1,630 Cr | ₹6,427 Cr | |
| HOLD | ₹71,444.20 Cr | 53.2% | 0.58 | ₹1,926 Cr | ₹4,495 Cr | |
| BUY | ₹59,284.66 Cr | 54.63% | 0.57 | ₹1,326 Cr | ₹3,977 Cr | |
| BUY | ₹1,12,499.33 Cr | 81.19% | 0.67 | ₹1,554 Cr | ₹10,316 Cr |
About L&T
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: ₹3568.65 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹4,82,382.08Cr as of today
Revenue: ₹61,554.58Cr as on September 2024 (Q3 24)
Net Profit: ₹4,112.81Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: A M Naik
| Organisation | L&T |
| Headquarters | |
| Industry | Infrastructure Developers & Operators |
| E-voting on shares | Click here to vote |
Key events for Larsen & Toubro Ltd
Budget Concerns Weigh on Larsen & Toubro Outlook - 16 Jan, 2025
The FY26 capital expenditure budget, expected to remain at Rs 11 lakh crore, raises concerns for Larsen & Toubro and infrastructure sectors, potentially leading to negative sentiment.L&T Reports Mixed Results Amid Controversies - 15 Jan, 2025
Larsen & Toubro launched a vessel for the Navy and announced a major investment in green ammonia. L&T Tech reported a profit decline despite revenue growth, while shares rallied ahead of results. The chairman's work hour comments sparked controversy.L&T Secures Major Contracts and Naval Launch - 14 Jan, 2025
Larsen & Toubro (L&T) secured a significant contract for K9 Vajra guns and launched INS Utkarsh, showcasing its commitment to defense and maritime capabilities.L&T Faces Backlash Over Chairman's Work Week Comments - 09 Jan, 2025
Larsen & Toubro's stock has faced pressure amid a 4% decline this week. Chairman SN Subrahmanyan's controversial 90-hour work week remarks have sparked significant backlash, prompting L&T to clarify his comments as part of a larger ambition for national development. The ongoing debate on work-life balance continues to affect public perception of the company.L&T Secures Major Orders in Heavy Engineering Sector - 08 Jan, 2025
Larsen & Toubro's Heavy Engineering division announced multiple significant orders, including LNG equipment in the USA and urea reactors in India, enhancing its market position.L&T Wins Major Power Transmission Contracts - 07 Jan, 2025
Larsen & Toubro has secured significant orders in power transmission and distribution across India and the Middle East, including advanced systems and substations, reinforcing its market position.JM Financial Issues Buy Call on L&T Stock - 06 Jan, 2025
JM Financial has issued a buy recommendation for Larsen & Toubro, setting a target price of Rs 3,825. The company reported strong quarterly earnings and secured a major defense order worth Rs 76 billion, boosting its order backlog significantly.L&T Stock Outlook Positive Amid Infrastructure Spending - 02 Jan, 2025
Larsen & Toubro Ltd is projected to have a 25% upside potential, with Jefferies maintaining a target price of ₹4,600. Improved government spending visibility and a robust order book support this outlook, despite some deferral in capital expenditure due to economic slowdown concerns.Larsen & Toubro Gains Attention in 2025 Market - 01 Jan, 2025
Larsen & Toubro Ltd receives positive recommendations from analysts, with a target price of Rs 4,565 and inclusion in top stock picks for 2025, contributing to market gains.L&T Reports Strong Order Growth in Q2 FY25 - 31 Dec, 2024
Larsen & Toubro secured significant orders worth Rs. 80,045 crore in the second quarter of FY25, reflecting a 10% year-on-year growth across various sectors, including renewables and urban transit.L&T Secures Major Contracts and Growth Prospects - 30 Dec, 2024
Larsen & Toubro reports a record order book, focuses on green energy, and secures a significant defence contract, indicating strong growth potential ahead.L&T Faces GST Penalty While Projecting Growth - 26 Dec, 2024
Larsen & Toubro expects its construction and mining machinery business to grow at least 20% next fiscal year, aiming to double sales in five years. The company also received a GST notice for a Rs 42.5 lakh penalty, which it plans to appeal.L&T Secures Major Defence Contract for Artillery - 20 Dec, 2024
Larsen & Toubro Ltd has secured a significant contract worth Rs 7,628 crore for 100 K9 Vajra artillery guns, enhancing the Indian Army's capabilities and supporting local industries. The deal is expected to generate over nine lakh man-days of employment and aligns with the Aatmanirbhar Bharat initiative.L&T Contributes to India's Defense Shipbuilding Efforts - 18 Dec, 2024
The construction of a new ship involved Larsen & Toubro (L&T) and other key players, emphasizing India's commitment to self-reliance in defense manufacturing and maritime capabilities.
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 IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 2.78K Cr → 3.39K Cr (in ₹), with an average increase of 18.0% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 56.04K Cr → 62.65K Cr (in ₹), with an average increase of 10.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 17.89% to 18.90% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Rail Vikas Nigam Ltd has given 62.2% return, outperforming this stock by 64.5%
- NO EFFECT
Against Peers
In the last 3 years, Rail Vikas Nigam Ltd has given 884.7% return, outperforming this stock by 815.3%
NEGATIVE IMPACTPrice Dip
In the last 3 months, LT stock has moved down by -2.6%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 22.54% to 21.43% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 37.37% to 36.99% in Sep 2024 quarter
L&T Financials
Index Inclusions
L&T Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 21.43% | ||
| Mutual Funds | 18.9% | 5.65 | |
| Retail Investors | 36.99% | ||
| Others | 22.69% | 2.16 |
L&T Key Indicators
L&T Valuation
L&T in the last 5 years
Lowest (10.17x)
March 24, 2020
Today (36.28x)
January 17, 2025
Industry (76.83x)
January 17, 2025
Highest (41.59x)
March 28, 2024
L&T Earnings and Dividends
Larsen & Toubro Ltd Earnings Results
Larsen & Toubro Ltd’s net profit jumped 5.36% since last year same period to ₹3,395.29Cr in the Q2 2024-2025. On a quarterly growth basis, Larsen & Toubro Ltd has generated 21.88% jump 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 1.63%.
Read More about Dividends
L&T Technicals Summary
Bearish
Neutral
Bullish
Larsen & Toubro Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Larsen & Toubro Ltd
Larsen & Toubro Ltd share price today stands at ₹3568.65, Open. ₹3524 ; Previous Close. ₹3507.9 ; High. ₹3579.85 ; Low. ₹3511.95 ; 52 Week High. ₹3963.5 ; 52 Week Low: ₹3175.05.
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Larsen & Toubro Ltd is listed on NSE
Larsen & Toubro Ltd is listed on BSE
- Today’s highest price of Larsen & Toubro Ltd is ₹3579.85.
- Today’s lowest price of Larsen & Toubro Ltd is ₹3511.95.
PE Ratio of Larsen & Toubro Ltd is 36.28
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 16.00L.
Today’s market capitalisation of Larsen & Toubro Ltd(LT) is ₹482382.08Cr.
| Larsen & Toubro Ltd(LT | Price |
|---|---|
52 Week High | ₹3963.5 |
52 Week Low | ₹3175.05 |
Larsen & Toubro Ltd(LT) share price is ₹3568.65. It is down -9.96% from its 52 Week High price of ₹3963.5
Larsen & Toubro Ltd(LT) share price is ₹3568.65. It is up 12.40% from its 52 Week Low price of ₹3175.05
| Larsen & Toubro Ltd(LT | Returns |
|---|---|
1 Day Returns | 60.75% |
1 Month Returns | -5.04% |
3 Month Returns | -0.26% |
1 Year Returns | -0.76% |