🔔 Contract Alert
Larsen & Toubro secures Rs 7,628 crore contract from Defence Ministry for K9 VAJRA-T Self-Propelled Artillery Guns.
Larsen & Toubro Ltd Analyst Rating
based on 33 analysts
85.29%
Buy
8.82%
Hold
5.88%
Sell
Based on 33 analysts offering long term price targets for Larsen & Toubro Ltd. An average target of ₹4038.7
Source: S&P Global Market Intelligence
Larsen & Toubro Ltd Share analysis
Larsen & Toubro Ltd price forecast by 33 analysts
Upside of8.67%
High
₹4550
Target
₹4038.70
Low
₹2946
Larsen & Toubro Ltd target price ₹4038.7, a slight upside of 8.67% compared to current price of ₹3629.85. According to 33 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Larsen & Toubro Ltd revenue growth forecast
Expected growth rate Q1, FY2026:32.60%
Forecast
Actual
Including amortisation and stock based compensations
Larsen & Toubro Ltd EPS growth forecast
EPS estimate Q1, FY2026:47.15%
Forecast
Actual
Source: S&P Global Market Intelligence
Larsen & Toubro Ltd Performance
Day's Low
Day's High
₹3,607.1Day's Price Range₹3,72552 Week's Low
52 Week's High
₹3,175.0552-Week Price Range₹3,963.5
| Returns % | |
| 1 Month Return | + 6.68 % |
| 3 Month Return | -1.88 % |
| 1 Year Return | + 8.53 % |
| Market Stats | |
| Previous Close | ₹3,716.35 |
| Open | ₹3,716.35 |
| Volume | 27.97L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹5,16,794.72Cr |
Larsen & Toubro Ltd Key Statistics
| P/E Ratio | 37.78 |
| PEG Ratio | 3.39 |
| Market Cap | ₹5,16,794.72 Cr |
| P/B Ratio | 8.05 |
| EPS | 113.26 |
| Dividend Yield | 0.9 |
| Sector | Infrastructure Developers & Operators |
| ROE | 13.69 |
Larsen & Toubro Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹5,16,794.72 Cr | 36.68% | 0.63 | ₹15,569 Cr | ₹2,21,112 Cr | |
| BUY | ₹2,15,711.04 Cr | 56.06% | 0.56 | ₹1,630 Cr | ₹6,427 Cr | |
| HOLD | ₹84,250.27 Cr | 67.63% | 0.58 | ₹1,926 Cr | ₹4,495 Cr | |
| BUY | ₹61,309.50 Cr | 67.75% | 0.57 | ₹1,326 Cr | ₹3,977 Cr | |
| BUY | ₹1,47,476.72 Cr | 106.92% | 0.67 | ₹1,554 Cr | ₹10,316 Cr |
Larsen & Toubro Ltd Mutual Fund Holdings
About Larsen & Toubro Ltd
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: ₹3629.85 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹5,16,794.72Cr 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 | Larsen & Toubro Ltd |
| Headquarters | |
| Industry | Infrastructure Developers & Operators |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 21 Dec
00:08 AM
-Defence Ministry signs Rs 7,628 crore deal with L&T for K9 VAJRA-T artillery guns for the Indian Army.
Key events for Larsen & Toubro Ltd
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.L&T Secures Major Orders, Reports Strong Revenue Growth - 16 Dec, 2024
Larsen & Toubro Ltd benefits from significant defense orders worth ₹21,100 crore, while reporting a 20% revenue increase in Q2FY25, reflecting strong financial performance.Larsen & Toubro Receives Safety Excellence Award - 15 Dec, 2024
Larsen & Toubro, responsible for constructing the Ram Mandir, received the Golden Trophy from the National Safety Council for exceptional safety measures during the project.L&T Expands into Data Center Services Sector - 14 Dec, 2024
Larsen & Toubro Ltd's share price increased by 0.7% as the company ventures into the data center and cloud services sector with L&T-Cloudfiniti, leveraging its subsidiaries for growth.L&T Faces Mixed Signals Amid Strategic Developments - 13 Dec, 2024
L&T receives mixed market signals as Macquarie maintains an outperform rating, while Kotak downgrades the stock. The company expands into data centers and secures a defense contract for K9 guns, but faces challenges in margin recovery.L&T Secures Orders and Customer Wins - 12 Dec, 2024
Larsen & Toubro has received a repeat order for K-9 howitzers, secured its first major customer for its data centre, and Macquarie maintains a positive outlook with a target price of ₹4,210.L&T Stock Hits All-Time High, Buy Recommendation - 10 Dec, 2024
Larsen & Toubro's stock has demonstrated strong bullish momentum, breaking out of a symmetrical triangle pattern and reaching an all-time high. Analysts recommend buying the stock with specific price targets.L&T Hits 52-Week High After Customs Ruling - 09 Dec, 2024
Larsen & Toubro shares surged to a 52-week high of ₹3,948 following a favorable ruling from the tribunal, overturning a ₹702 crore customs duty demand. The company also reported a robust order book and strong growth outlook.Ram Temple Construction Faces Delays, Needs More Workers - 07 Dec, 2024
The construction of the Ram Temple is now projected to be completed by June 2025, with Larsen and Toubro facing delays due to a shortage of workers. The current progress is two months behind schedule, and an increase of 200 to 250 workers is necessary to meet deadlines.L&T Overturns ₹702 Crore Customs Duty Demand - 06 Dec, 2024
Larsen & Toubro successfully quashed a ₹702 crore customs duty demand following a favorable ruling from the tribunal. The company also reported a 5.4% YoY increase in net profit for Q2 2024.L&T Completes E2E Stake Acquisition and Secures Order - 05 Dec, 2024
Larsen & Toubro has completed a 15% stake acquisition in E2E Networks and plans to acquire an additional 6%. The company also secured a Rs 44.49 crore order from Avantel Limited. Axis Direct has set a target price of Rs 4,085 for L&T stock.L&T Acquires Significant Stake in E2E Networks - 04 Dec, 2024
Larsen & Toubro has successfully acquired a 15% stake in E2E Networks through a preferential allotment, with plans for an additional 6% stake by May 2025, enhancing its presence in technology and data infrastructure.Larsen & Toubro Contributes to Market Gains - 03 Dec, 2024
On December 3, 2024, the Indian stock market saw healthy gains for the third consecutive session, with Larsen & Toubro among the leading heavyweights contributing to this upward trend.L&T Faces Penalties Amid Strong Project Wins - 02 Dec, 2024
Larsen & Toubro is appealing against Rs 173.2 crore penalties imposed by CGST while also securing significant orders in power transmission projects, showcasing growth potential.L&T Faces GST Penalty Amid Positive Market Trends - 29 Nov, 2024
Larsen & Toubro's stock shows resilience with a 2% rise on profitability outlook, despite facing a ₹173.24 crore GST penalty. Analysts remain optimistic about its performance.L&T-Navantia Develops Submarine Endurance Technology - 27 Nov, 2024
Larsen & Toubro, in partnership with Navantia, has introduced technology to enhance submarine endurance for the Indian Navy's Project 75, amidst competitive challenges.L&T Shares Surge on Market Cap Gains - 25 Nov, 2024
Larsen & Toubro's shares rose 3.99%, increasing market capitalization by Rs. 19,781 crore. The company received a notice from NTPC for thermal power plants worth over ₹15,000 crore, boosting investor confidence.UBS Maintains Neutral Rating on Larsen & Toubro - 22 Nov, 2024
UBS has reiterated a 'Neutral' rating on Larsen & Toubro with a target price of ₹4,000, citing potential benefits in hydrocarbon projects but challenges in infrastructure competition.
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 17.89% to 18.90% in Sep 2024 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
Profit 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
NO EFFECTAgainst Peers
In the last 3 years, Rail Vikas Nigam Ltd has given 1271.7% return, outperforming this stock by 1162.8%
- NO EFFECT
Against Peers
In the last 1 year, Rail Vikas Nigam Ltd has given 148.8% return, outperforming this stock by 141.4%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 22.54% to 21.43% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, LT stock has moved down by -2.6%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 37.37% to 36.99% in Sep 2024 quarter
Larsen & Toubro Ltd Financials
Index Inclusions
Larsen & Toubro Ltd 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 |
Larsen & Toubro Ltd Key Indicators
Larsen & Toubro Ltd Valuation
Larsen & Toubro Ltd in the last 5 years
Lowest (10.17x)
March 24, 2020
Today (37.78x)
December 19, 2024
Industry (83.11x)
December 19, 2024
Highest (41.59x)
March 28, 2024
Larsen & Toubro Ltd 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 1.60%.
Read More about Dividends
Larsen & Toubro Ltd Technicals Summary
Bearish
Neutral
Bullish
Larsen & Toubro Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Larsen & Toubro Ltd (LT) share price today is ₹3629.85
Larsen & Toubro Ltd is listed on NSE
Larsen & Toubro Ltd is listed on BSE
- Today’s highest price of Larsen & Toubro Ltd is ₹3725.
- Today’s lowest price of Larsen & Toubro Ltd is ₹3607.1.
PE Ratio of Larsen & Toubro Ltd is 37.78
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 27.97L.
Today’s market capitalisation of Larsen & Toubro Ltd(LT) is ₹516794.72Cr.
| Larsen & Toubro Ltd(LT | Price |
|---|---|
52 Week High | ₹3963.5 |
52 Week Low | ₹3175.05 |
Larsen & Toubro Ltd(LT) share price is ₹3629.85. It is down -8.42% from its 52 Week High price of ₹3963.5
Larsen & Toubro Ltd(LT) share price is ₹3629.85. It is up 14.32% from its 52 Week Low price of ₹3175.05
| Larsen & Toubro Ltd(LT | Returns |
|---|---|
1 Day Returns | -86.5% |
1 Month Returns | 6.68% |
3 Month Returns | -1.88% |
1 Year Returns | 8.53% |