🔔 Regulatory Alert
L&T overturns Rs 702 crore customs duty demand following a favorable ruling from the Central Excise & Service Tax Appellate Tribunal.
Larsen & Toubro Ltd Analyst Rating
based on 33 analysts
88.24%
Buy
8.82%
Hold
2.94%
Sell
Based on 33 analysts offering long term price targets for Larsen & Toubro Ltd. An average target of ₹4037.18
Source: S&P Global Market Intelligence
Larsen & Toubro Ltd Share analysis
Larsen & Toubro Ltd price forecast by 33 analysts
Upside of4.41%
High
₹4550
Target
₹4037.18
Low
₹2946
Larsen & Toubro Ltd target price ₹4037.18, a slight upside of 4.41% compared to current price of ₹3947.3. According to 33 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Larsen & Toubro Ltd revenue growth forecast
Expected growth rate Q1, FY2026:32.68%
Forecast
Actual
Including amortisation and stock based compensations
Larsen & Toubro Ltd EPS growth forecast
EPS estimate Q1, FY2026:47.36%
Forecast
Actual
Source: S&P Global Market Intelligence
Larsen & Toubro Ltd Performance
Day's Low
Day's High
₹3,867.5₹3,95952 Week's Low
52 Week's High
₹3,175.05₹3,959
| Returns % | |
| 1 Month Return | + 6.55 % |
| 3 Month Return | + 8.06 % |
| 1 Year Return | + 14.2 % |
| Market Stats | |
| Previous Close | ₹3,866.70 |
| Open | ₹3,867.50 |
| Volume | 33.33L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹5,31,721.76Cr |
Larsen & Toubro Ltd Key Statistics
| P/E Ratio | 39.31 |
| PEG Ratio | 3.53 |
| Market Cap | ₹5,31,721.76 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 | ₹5,31,721.76 Cr | 40.61% | 0.63 | ₹15,569 Cr | ₹2,21,112 Cr | |
| BUY | ₹2,12,097.08 Cr | 58.92% | 0.56 | ₹1,630 Cr | ₹6,427 Cr | |
| HOLD | ₹77,930.87 Cr | 57.75% | 0.58 | ₹1,926 Cr | ₹4,495 Cr | |
| BUY | ₹63,325.80 Cr | 73.67% | 0.57 | ₹1,326 Cr | ₹3,977 Cr | |
| BUY | ₹1,36,684.52 Cr | 97.9% | 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: ₹3947.30 per share as on 09 Dec, 2024 04:01 PM
Market Capitalisation: ₹5,31,721.76Cr 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 |
Key events for Larsen & Toubro Ltd
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.L&T Faces Significant Financial Losses in Metro Project - 20 Nov, 2024
Larsen & Toubro is reportedly incurring annual losses of Rs 1,300 crore from the Metro project, totaling Rs 6,000 crore. The company may consider exiting the project due to these escalating losses.L&T Secures Major Contracts and Expands Nuclear Energy Role - 18 Nov, 2024
Larsen & Toubro has secured significant contracts, including a Limited Notice to Proceed for thermal power plants and anticipates repeat orders for K-9 Vajra guns. The company also sees growth in Small Modular Reactors for nuclear energy.ICICI Securities Recommends Buy on L&T Stock - 17 Nov, 2024
Dharmesh Shah of ICICI Securities advises buying Larsen & Toubro shares within the range of 3,530-3,630, targeting 4,060 with a stop loss at 3,340.Goldman Sachs Affirms Buy Rating for L&T - 14 Nov, 2024
Goldman Sachs has reiterated its buy rating on Larsen & Toubro, setting a target price of Rs 3,960, supported by strong revenue growth expectations from large hydrocarbon orders in the Middle East.L&T Secures Major Thermal Power Order - 13 Nov, 2024
Larsen & Toubro has received a significant Rs 15,000 crore order from NTPC to set up thermal power plants in Madhya Pradesh and Bihar, reinforcing its leadership in the infrastructure sector.L&T Wins Major Thermal Power Plant Order - 12 Nov, 2024
Larsen & Toubro has received a Limited Notice to Proceed from NTPC for thermal power plants worth over ₹15,000 crore, marking a significant order win in the domestic market.LKP Securities Maintains Buy on Larsen & Toubro - 11 Nov, 2024
LKP Securities has issued a buy recommendation for Larsen & Toubro Ltd, setting a target price of Rs 4,070. The company reported strong quarterly earnings and has a robust order pipeline, indicating a positive outlook for the future.Analyst Recommends Buy for Larsen & Toubro Stock - 10 Nov, 2024
ICICI Securities' Dharmesh Shah advises buying Larsen & Toubro shares within a specified range, targeting a price of 4,060, indicating positive market sentiment.
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 IMPACTRevenue 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
- POSITIVE IMPACT
Price Rise
In the last 7 days, LT stock has moved up by 4.4%
- 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 1180.2% return, outperforming this stock by 1074.5%
- NO EFFECT
Against Peers
In the last 1 year, Rail Vikas Nigam Ltd has given 160.6% return, outperforming this stock by 146.4%
NEGATIVE IMPACTFII 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
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 (39.31x)
December 6, 2024
Industry (86.39x)
December 6, 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 1.47%.
Read More about Dividends
Larsen & Toubro Ltd 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 ₹3947.3
Larsen & Toubro Ltd is listed on NSE
Larsen & Toubro Ltd is listed on BSE
- Today’s highest price of Larsen & Toubro Ltd is ₹3959.
- Today’s lowest price of Larsen & Toubro Ltd is ₹3867.5.
PE Ratio of Larsen & Toubro Ltd is 39.31
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 33.33L.
Today’s market capitalisation of Larsen & Toubro Ltd(LT) is ₹531721.76Cr.
| Larsen & Toubro Ltd(LT | Price |
|---|---|
52 Week High | ₹3959 |
52 Week Low | ₹3175.05 |
Larsen & Toubro Ltd(LT) share price is ₹3947.3. It is down -0.30% from its 52 Week High price of ₹3959
Larsen & Toubro Ltd(LT) share price is ₹3947.3. It is up 24.32% from its 52 Week Low price of ₹3175.05
| Larsen & Toubro Ltd(LT | Returns |
|---|---|
1 Day Returns | 80.6% |
1 Month Returns | 6.55% |
3 Month Returns | 8.06% |
1 Year Returns | 14.2% |