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Larsen & Toubro Ltd Share Price (LT)


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Q2 '23 Results
News and Events

Overview of Larsen & Toubro Ltd

What's happening in Larsen & Toubro Ltd

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    Today's Timeline - 29 Nov

    08:17 AM


    Larsen & Toubro Ltd could benefit from recent announcement, with potential $70 million gains.

    08:35 AM


    L&T's ROCE has risen by 41% over the last five years to 15%, indicating improved efficiencies. Management's long-term growth plans worth investigating.

    02:44 PM


    Navantia and Larsen & Toubro will bid for four LPD amphibious vessels as part of efforts to strengthen presence in Indian defence market.

Key events for Larsen & Toubro Ltd

  • Navantia and L&T Bid for Amphibious Vessels; L&T's ROCE Rises - 29 Nov, 2023

    Larsen & Toubro Ltd is set to potentially gain $70 million from a recent announcement. The company's ROCE has risen by 41% over the past five years, while Navantia and L&T are bidding for four LPD amphibious vessels.

  • L&T Stock Outlook Positive Amid Strong Order Pipeline - 28 Nov, 2023

    Larsen & Toubro (L&T) expects to surpass its order inflow target and revenue growth forecast for FY24. Jefferies reiterates Buy recommendation with a target price of Rs 3400/share. Funds explore exemptions on defense-related ESG concerns.

  • L&T Orderbook Reaches All-Time High - 27 Nov, 2023

    Larsen & Toubro Ltd's orderbook hits an all-time high of Rs 4.5 lakh crore due to a surge in infrastructure-related orders within India and substantial orders from international hydrocarbon markets.

  • Larsen & Toubro: A Powerhouse in Construtech Sector - 26 Nov, 2023

    With a heritage spanning over seven decades, Larsen & Toubro (L&T) is a globally recognized name for infrastructure and technology solutions. The company's multifaceted offerings encompass infrastructure, engineering, construction, manufacturing, and information technology.

  • Jefferies' Chris Wood Increases Investment in L&T - 24 Nov, 2023

    Christopher Wood, the Global Head of Equity Strategy at Jefferies, has increased the weightage of Larsen & Toubro (L&T) by 1% in his India-long portfolio.

  • L&T Among Top Losers in Nifty50 Index - 23 Nov, 2023

    On November 23, 2023, Larsen & Toubro Ltd was among the major laggards on both the Sensex and Nifty indices, falling by over 1%.

  • L&T Provides Expertise for Rescue Operations; Top Pick by Jefferies Analysts - 22 Nov, 2023

    Larsen & Toubro Ltd provides assistance for Uttarakhand tunneling project rescue operations and is named a top Capital Goods & Logistic stock by Jefferies analysts. The Indian Army also involves L&T in an RFI regarding tank overhauls.

  • L&T Wins Mega Offshore Order; BNP Paribas Initiates Coverage with Buy Recommendation - 21 Nov, 2023

    Larsen & Toubro Ltd received a mega offshore order for its hydrocarbon business, while BNP Paribas initiated coverage with a buy recommendation and set a price target of Rs 3,467. The stock was among the laggards on Sensex.

  • L&T Secures Mega Offshore Order Amidst Tax Penalties - 20 Nov, 2023

    Larsen & Toubro Ltd's hydrocarbon business receives a mega offshore order worth between Rs 1000-2500 crore amidst Qatar tax authority imposing penalties of Rs 239.95 crore.

  • L&T faces penalties worth Rs 239.91 crore from Qatari income tax authorities - 18 Nov, 2023

    Qatar's income tax authorities have charged L&T with penalties worth Rs 111.31 crore and Rs 127.6 crore for fiscal year 2017 and 2018, respectively. The company has filed an appeal against the levy of this penalty as it believes it is arbitrary and unjustified. However, there will be no material adverse impact on the company's financial, operations or other activities.

  • L&T Faces Tax Penalties in Qatar - 17 Nov, 2023

    Larsen & Toubro Ltd faces a total tax penalty of Rs 239 crore from Qatar's income tax authorities. The company has filed an appeal against the levy, expressing confidence in a favourable outcome.

  • Market Expert Expects Good Returns in L&T - 16 Nov, 2023

    Dilip Bhatt, a market expert, predicts good returns for Larsen & Toubro Ltd along with ZEE, Sun Pharma, and Tata Motors.

  • Bharti Airtel, L&T and HUL to See Outflows - 15 Nov, 2023

    Bharti Airtel may see outflows of $60 million, while Larsen & Toubro and Hindustan Unilever may see outflows of $57 million and $56 million respectively.

  • L&T Shows Interest in EV Battery Production Incentive Scheme - 14 Nov, 2023

    Larsen & Toubro expresses interest in India's EV battery production incentive scheme while reducing its debt levels.

  • L&T Shows Interest in EV Battery Manufacturing - 13 Nov, 2023

    Larsen & Toubro Ltd. is among the companies that showed interest in a consultation meeting with government officials regarding electric vehicle (EV) battery manufacturing.

  • L&T Expects Strong Growth in Order Inflow and Revenue Outlook - 12 Nov, 2023

    Larsen & Toubro Ltd expects a 15% growth in order inflow for FY24, with a strong revenue outlook for the next 2-3 years. The company's strategic focus on services serves as a safeguard for cash flows, making it an attractive investment option.

  • L&T Recommended as Long-Term Pick by JM Financial Analyst - 11 Nov, 2023

    Nikhil Kapoor of JM Financial Services Ltd recommends Larsen & Toubro Ltd (L&T) as a long-term pick due to its potential benefits from government-funded infrastructure projects and private capex. Additionally, L&T plans to hire over 2,700 fresh graduates from elite colleges.

  • L&T Stock Surges 52.36% in a Year - 10 Nov, 2023

    Larsen & Toubro Ltd's stock has surged by 52.36% in the past year, attributed to a robust YoY increase in revenue from operations and improved execution of orders.

  • Mixed Sentiments for Larsen & Toubro Ltd Stock - 09 Nov, 2023

    While ICICIdirect is bullish on L&T's prospects, a technical analysis suggests buying and accumulating the stock. The company was also among the major gainers on Sensex.

  • L&T Secures Work Orders; Records Strong Growth - 08 Nov, 2023

    Larsen & Toubro Ltd secures significant work orders, records a 19% increase in revenue in Q2, and surpasses profit estimates.

Analyst Rating for Larsen & Toubro Ltd stock

based on 31 analysts


Based on 31 analysts offering long term price targets for Larsen & Toubro Ltd. An average target of ₹3215.13

Source: S&P Global Market Intelligence

Larsen & Toubro Ltd share Performance

  • ₹3049
    downward going graph



    Day's Volatility:1.33%



    downward going graph
  • ₹2038.6
    downward going graph



    52 Weeks Volatility:34.92%



    downward going graph
1 Month Return4.23 %
3 Month Return12.18 %
1 Year Return48.74 %
Previous Close₹3,050.00
Market Cap₹4,19,237.24Cr

Larsen & Toubro Ltd Company Information

Larsen & Toubro Ltd (L&T) is an Indian multinational conglomerate with headquarters in Mumbai, India. Incorporated in 1938, it is one of India's largest engineering, manufacturing and construction companies. It operates in multiple business lines including technology, engineering, construction, manufacturing, and financial services.

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: ₹3083.75 per share as on 29 Nov, 2023 04:01 PM
Market Capitalisation: ₹4,19,237.24Cr as of today
Revenue: ₹52,157.02Cr as on September 2023 (Q3 23)
Net Profit: ₹3,222.63Cr as on September 2023 (Q3 23)
Listing date: 03 Nov, 1994
Chairperson Name: A M Naik
OrganisationLarsen & Toubro Ltd
IndustryInfrastructure Developers & Operators
E-voting on sharesClick here to vote

Fundamentals of Larsen & Toubro Ltd

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.


    Profit Spike


    Netprofit is up for the last 2 quarters, 2.49K Cr → 3.22K Cr (in ₹), with an average increase of 22.6% per quarter


    Revenue Rich


    Revenue is up for the last 2 quarters, 49.02K Cr → 52.15K Cr (in ₹), with an average increase of 6.0% per quarter


    FII Holding Up


    Foreign Institutions have increased holdings from 24.99% to 25.39% in Sep 2023 quarter


    Retail Holding Up


    Retail Investor have increased holdings from 35.89% to 36.30% in Sep 2023 quarter

  • imgNO EFFECT

    Against Peers


    In the last 3 years, Rail Vikas Nigam Ltd has given 623.8% return, outperforming this stock by 450.4%

  • imgNO EFFECT

    Against Peers


    In the last 1 year, Ircon International Ltd has given 180.6% return, outperforming this stock by 131.8%


    MF Holding Down


    Mutual Funds have decreased holdings from 17.24% to 16.39% in Sep 2023 quarter


    Price Dip


    In the last 7 days, LT stock has moved down by -1.1%

Larsen & Toubro Ltd Valuation

Larsen & Toubro Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.17x)

March 24, 2020

Today (34.97x)

November 28, 2023

Industry (134.76x)

November 28, 2023

Highest (37.73x)

September 29, 2023


Larsen & Toubro Ltd Mutual Fund Holdings

Funds Holdings
ICICI Prudential Bluechip Fund Direct Plan GrowthICICI Prudential Bluechip Fund Direct Plan Growth7.5%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth5.63%
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth5.07%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option2.54%
SBI Equity Hybrid Fund Direct GrowthSBI Equity Hybrid Fund Direct Growth2.57%

Larsen & Toubro Ltd Shareholding Pattern

InvestorsHoldings %Prev. 3 periods3M change
Promoter Holdings
Foreign Institutions
Mutual Funds
Retail Investors

Technicals of Larsen & Toubro Ltd share

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Larsen & Toubro Ltd (LT) share price today is ₹3083.75

Larsen & Toubro Ltd is listed on NSE

Larsen & Toubro Ltd is listed on BSE

  • Today’s highest price of Larsen & Toubro Ltd is ₹3089.9.
  • Today’s lowest price of Larsen & Toubro Ltd is ₹3049.

PE Ratio of Larsen & Toubro Ltd is 34.97

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 18.01L.

Today’s market capitalisation of Larsen & Toubro Ltd(LT) is ₹419237.24Cr.

Larsen & Toubro Ltd(LTPrice
52 Week High
52 Week Low

Larsen & Toubro Ltd(LT) share price is ₹3083.75. It is down -1.02% from its 52 Week High price of ₹3115.45

Larsen & Toubro Ltd(LT) share price is ₹3083.75. It is up 51.27% from its 52 Week Low price of ₹2038.6

Larsen & Toubro Ltd(LTReturns
1 Day Returns
1 Month Returns
3 Month Returns
1 Year Returns