ट्रेंडिंग न्यूज़

Experts Said- Buy It Fast; Share Will Rise In The Coming Days; ₹4200 Target

Larsen and Toubro Ltd (NSE: LT) share price: The years of waiting are done, and the grand shrine for Lord Ram is complete in Ayodhya on 22 January.

In the meantime, the design engineering and manufacturing company Larsen & Toubro (L&T) has released an announcement. 

The company stated in an announcement that by the instructions from the Shri Ram Janmabhoomi Teerth Kshetra Trust, Larsen & Toubro successfully carried out their design, and the construction that comprised the Shri Ram Janmabhoomi Temple. 

The temple is an incredible achievement in the field of architecture. The temple covers 70 acres of grounds. 

Its style is influenced by the old Nagara design of the architecture. The temple’s elevation measures 161.75 feet, its length is 380 feet, and its width at 249.5 feet. 

The company announced the information on Sunday. According to market experts, its shares are expected to rise in the coming days, and the price could rise to as high as Rs 4400.

What Are The Specifics?

According to the company’s announcement, the temple will be an all-three-story temple. 

It has five pavilions, which include Kirtan Mandap, Nritya Mandap, Gudh Mandap, Rang Mandap, and Prarthana Mandap, in addition to the main Shikhara. 

L&T Chairman and the Managing Director (CMD) S N Subramanian stated that they are grateful to authorities for (allowing the company to) create and construct this Shri Ram Janmabhoomi Temple. 

L&T is a multinational with a value of 23 billion dollars business located in India. It is involved in engineering, procurement, and construction (EPC) projects and high-tech manufacturing as well as services. 

The company’s operations span over 50 nations across the world.

Was The Opinion Of An Expert Think?

A global financial firm has a Buy recommendation for the stock, with an estimated price of 4,200. Another expert has a buy recommendation for this stock, with a price target of 3750 rupees. 

A leading Stock Broking Company believes the stock is still strong over the long term. According to the long-term frame chart, the price could go up to the 4,340-4,400 levels.

About Larsen and Toubro Ltd

Larsen & Toubro Limited (‘Larsen and Toubro’, or “L&T”) is a 17 billion dollar engineering, technology construction, project manufacturing, as well as financial service conglomerate. 

This is an Indian multinational corporation that is involved in EPC Projects, Hi-Tech Manufacturing, and Services. 

Its headquarters are in Mumbai, Maharashtra. It was established in 1946 and is operating across fifty countries.

It’s located in more than fifty countries across the globe. It builds diverse facilities, designs solutions for onshore and offshore hydrocarbon projects, supplies power plants, constructs ships as well as other engineering tasks. 

Its integrated capabilities assist clients throughout the whole value chain from the initial design to the completion of a project. 

L&T has multiple international offices and an extensive supply chain all over the world, covering eight countries, in addition to India.

Fundamental Analysis of Larsen and Toubro Ltd

Market Cap ₹ 4,99,580 Cr.
Current Price ₹ 3,637.40
52-wk High ₹ 3,655.85
52-wk Low ₹ 2,072.65
Stock P/E 41.73
Book Value ₹ 571
Dividend 0.66 %
ROCE 11.6 %
ROE 11.7 %
Face Value ₹ 2.00
P/B Value 6.37
OPM 13.9 %
EPS ₹ 87.7
Debt ₹ 1,22,109 Cr.
Debt to Equity 1.56

Larsen and Toubro Ltd Share Price Target 2024 To 2030

Year 1st Target 2nd Target
2024 ₹3800 ₹4200
2025 ₹4300 ₹4458
2026 ₹4525 ₹4600
2027 ₹4700 ₹4900
2028 ₹5000 ₹5200
2029 ₹5380 ₹5400
2030 ₹5842 ₹6000

Larsen and Toubro Ltd Shareholding Pattern

FII Holding
Dec 2022 23.29%
Mar 2023 24.48%
June 2023 25.29%
Sept 2023 25.72%
Dec 2023 25.50%
DII Holding
Dec 2022 39.76%
Mar 2023 38.64%
June 2023 38.01%
Sept 2023 37.16%
Dec 2023 37.34%
Govt. Holding
Dec 2022 0.23%
Mar 2023 0.23%
June 2023 0.23%
Sept 2023 0.23%
Dec 2023 0.23%
Public Holding
Dec 2022 36.70%
Mar 2023 36.65%
June 2023 36.47%
Sept 2023 36.89%
Dec 2023 36.93%

Larsen and Toubro Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019 ₹ 135,220 Cr
2020 ₹ 145,452 Cr
2021 ₹ 135,979 Cr
2022 ₹ 156,521 Cr
2023 ₹ 203,631 Cr

Last 5 Years’ Net Profit:

2019 ₹ 10,217 Cr
2020 ₹ 10,894 Cr
2021 ₹ 12,921 Cr
2022 ₹ 10,419 Cr
2023 ₹ 14,458 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019 2.02
2020 2.09
2021 1.73
2022 1.5
2023 1.33

Last 10 Years’ Profit Growth:

10 Years: 8%
5 Years: 3%
3 Years: 2%
Current Year: 27%

Last 10 years’ Return on Equity (ROE):

10 Years: 13%
5 Years: 14%
3 Years: 14%
Last Year: 12%

Sales Growth Over 10 Years:

10 Years: 9%
5 Years: 9%
3 Years: 8%
Current Year: 19%

Company’s Positive Signs:

  • The company has maintained an impressive dividend payment of 37.2 percent.

Company’s Negative Signs:

  • The company’s stock prices are 6.37 times the book value.
  • This company has seen the lowest sales growth of 8.90 percent in the past 5 years.
  • This company is characterized by a low performance in terms of return on equity (ROE) of 13.6 percent in the last three months.


This article is a complete guide about Larsen and Toubro Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Also Read: 44,310% Return, Share Was ₹2; New Project In Ayodhya; Now Expected To Rise

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.


A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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