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

Larsen and Toubro Ltd Share Price Target 2024 To 2030

Larsen and Toubro Ltd Shareholding Pattern

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:

Last 5 Years’ Net Profit:

Last 5 Years’ Debt-To-Equity Ratio:

Last 10 Years’ Profit Growth:

Last 10 years’ Return on Equity (ROE):

Sales Growth Over 10 Years:

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.

Conclusion

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

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