Larsen & Toubro Limited (NSE: LT)

India flag India · Delayed Price · Currency is INR
3,603.50
+120.00 (3.44%)
Nov 22, 2024, 3:29 PM IST
17.19%
Market Cap 4.96T
Revenue (ttm) 2.43T
Net Income (ttm) 135.24B
Shares Out n/a
EPS (ttm) 98.29
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,533,742
Open 3,500.00
Previous Close 3,483.50
Day's Range 3,473.10 - 3,613.50
52-Week Range 3,035.00 - 3,919.90
Beta 0.71
Analysts n/a
Price Target n/a
Earnings Date Oct 28, 2024

About Larsen & Toubro

Larsen & Toubro Limited engages in engineering, construction, and manufacturing operations in India and internationally. The Infrastructure Projects segment is involved in the engineering and construction of building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and minerals, and metals. The Energy Projects segment provides front-end design, modular fabrication, procurement, project management, construction, installation, and commissioning services fo... [Read more]

Sector Industrials
Founded 1938
Employees 54,303
Stock Exchange National Stock Exchange of India
Ticker Symbol LT
Full Company Profile

Financial Performance

In 2023, Larsen & Toubro's revenue was 2.25 trillion, an increase of 20.94% compared to the previous year's 1.86 trillion. Earnings were 130.59 billion, an increase of 24.72%.

Financial Statements

News

UBS maintains ‘Neutral’ rating on L&T, sets target at ₹4,000, expects 14.6% upside potential

UBS has reiterated its “Neutral” call on Larsen & Toubro (L&T), with a target price of ₹4,000, indicating a 14.6% upside from the current market price of ₹3,490.05. The brokerage highlighted a lower r...

1 day ago - Business Upturn

Goldman Sachs maintains buy on L&T with target at Rs 3,960, indicating 11.6% upside

Goldman Sachs has maintained a Buy rating on Larsen & Toubro (L&T), setting a target price of ₹3,960, which implies an 11.6% upside from the current market price (CMP) of ₹3,548.95. The brokerage high...

9 days ago - Business Upturn

L&T Energy CarbonLite Solutions secures ₹15,000+ crore order from NTPC for Thermal Power Plants in India

L&T Energy CarbonLite Solutions, a division of Larsen & Toubro (L&T), has received a ‘Limited Notice to Proceed’ (LNTP) from NTPC Ltd. for constructing ultra mega thermal power projects in Madhya Prad...

11 days ago - Business Upturn

Larsen & Toubro partners with E2E Networks to accelerate AI innovation in India

Larsen & Toubro (L&T), India’s leading technology conglomerate, announced a strategic partnership with E2E Networks, an Indian Cloud and AI Cloud provider. The agreement represents a critical step tow...

18 days ago - Business Upturn

L&T to acquire 21% stake in E2E Networks for Rs 1,407 crore

Larsen & Toubro (L&T) has recently informed exchanges that it will acquire a 21% stake in E2E Networks Limited, a prominent Indian cloud services company, for INR 1,407 crore. Expected to be completed...

18 days ago - Business Upturn

Larsen & Toubro Limited (LTOUF) Q1 2025 Earnings Call Transcript

Start Time: 10:00 January 1, 0000 11:33 AM ET Larsen & Toubro Limited (OTC:LTOUF) Q1 2025 Earnings Call October 30, 2024, 10:00 AM ET Company Participants Parameswaran Ramakrishnan - Head, IR Conferen...

20 days ago - Seeking Alpha

Stock Market news: Adani Enterprises, Larsen & Toubro among Nifty 50 top gainers this week

The Indian stock market benchmark indexes, the Sensex and Nifty 50, closed the Muhurat Trading session for Diwali 2024 on a high note. The BSE Sensex completed the special session on Friday 335.06 poi...

21 days ago - Business Upturn

Morning Gainers Today: Rainbow Children’s, Cipla, L&T, Anant Raj, and Kaynes Tech among top gainers as stocks rally

Here are some of the top gainers on the NSE this morning: Rainbow Children’s Medicare Ltd (RAINBOW) Price: ₹1,622.30 Change: +₹142.10 (+9.60%) Cipla Ltd (CIPLA) Price: ₹1,535.30 Change: +₹117.05 (+8.2...

23 days ago - Business Upturn

L&T rises 4.77% as Q2 net profit beats estimates with 5% YoY growth

Larsen & Toubro (L&T) shares surged 4.77% to ₹3,570.90 on the NSE, following the company’s announcement of its Q2 FY24 results, which beat market expectations. L&T reported a 5% year-on-year increase ...

23 days ago - Business Upturn

UBS maintains neutral on L&T, sees 17.6% upside with Rs 4,000 target amid mixed Q2 performance

UBS has reiterated a neutral rating on Larsen & Toubro (L&T) with a target price of ₹4,000, indicating a potential upside of 17.6% from the current market price of ₹3,402. The brokerage highlights tha...

23 days ago - Business Upturn

Stocks to watch today: L&T, Voltas, Dabur, Aditya Birla Capital, Tata Power, and Biocon post Q2 results – Brokerage reports inside

Several leading companies, including Larsen & Toubro (L&T), Voltas, Dabur, Aditya Birla Capital, Tata Power, and Biocon, announced their Q2 FY25 results yesterday. Here’s a look at their performance, ...

23 days ago - Business Upturn

BNP Paribas maintains outperform on L&T, sees 30% upside with Rs 4,421 target on strong Middle East capex outlook

BNP Paribas has reiterated an outperform rating on Larsen & Toubro (L&T) with a target price of ₹4,421, suggesting a 30% upside from the CMP of ₹3,402. The brokerage notes that L&T is on track to achi...

23 days ago - Business Upturn

Bernstein sees 14.4% upside in L&T, retains outperform rating on execution strength and ROE boost

Bernstein has maintained an outperform rating on Larsen & Toubro (L&T) with a target price of ₹3,891, indicating a potential upside of 14.4% from its current market price of ₹3,402. The brokerage high...

23 days ago - Business Upturn

L&T Q2 FY25 Results: Revenue grows 21% YoY to ₹61,555 crore, Profit rises 5%

Larsen & Toubro (L&T) has reported strong financial results for the second quarter of FY25, with consolidated revenues reaching ₹61,555 crore, marking a 21% year-on-year growth.

23 days ago - Business Upturn

Tara Chand InfraLogistic Solutions secures ₹29.49 crore order from L&T for Mumbai project

Tara Chand InfraLogistic Solutions Limited recently announced a new order win worth ₹29.49 crore (inclusive of taxes) from Larsen & Toubro Ltd. The contract involves specialized services for the devel...

24 days ago - Business Upturn

Tara Chand Infralogistic Solutions shares surge over 3% after securing ₹29.49 crore contract

Tara Chand Infralogistic Solutions Ltd. announced that it has secured a specialized services contract worth ₹29.49 crore (inclusive of taxes) from Larsen & Toubro Ltd. for the development of a casting...

24 days ago - Business Upturn

Stock market buzz: With 3 flop listings in October, IPO frenzy may be cooling

Traders eye Nifty technical levels after an intra-day recovery, with a tepid start expected, influenced by weak Asian markets. Festive-related low volumes and key earnings from Larsen & Toubro and Tat...

24 days ago - The Times of India

Larsen & Toubro wins significant order for global nuclear fusion project

Larsen & Toubro Limited (L&T), a leading Indian technology conglomerate, has secured a Significant order valued between ₹1,000 crore to ₹2,500 crore from the ITER Organization, an intergovernmental bo...

4 weeks ago - Business Upturn

UBS downgrades L&T to Neutral, cuts target price to Rs 4,000

UBS has downgraded Larsen & Toubro (L&T) to a Neutral rating and reduced its target price to Rs 4,000 from Rs 4,400, reflecting a 9.1% cut. The brokerage highlighted concerns over managing returns and...

4 weeks ago - Business Upturn

Larsen & Toubro reports Q2 results

L&T (LTOUF) reports Q2 net profit of $149.5M with revenue of $1.13B, up 4.7% Y/Y.

5 weeks ago - Seeking Alpha

Larsen & Toubro secures significant order for Agra Metro Network

Larsen & Toubro (L&T) has announced a significant order win from the Uttar Pradesh Metro Rail Corporation Ltd (UPMRCL) for the design and construction of Phase 1, Line-2 of the Agra Metro network. Thi...

5 weeks ago - Business Upturn

L&T launches multipurpose vessel for Navy

Larsen & Toubro launches the first-of-class Multi Purpose Vessel, INS Samarthak, enhancing the capabilities of the Indian Navy. Witnessed by top naval officials, this vessel marks a significant milest...

5 weeks ago - The Times of India

JPMorgan initiates coverage on L&T with ‘Overweight’ rating, sets target price at ₹4,360

Global brokerage firm JPMorgan has initiated coverage on Larsen & Toubro (L&T) with an 'Overweight' rating, setting a target price of ₹4,360 per share.

5 weeks ago - Business Upturn

Rashtriya Chemicals and Fertilizers shares jump 7% after awarding Rs 1,000-crore contract to L&T

Rashtriya Chemicals and Fertilizers shares gained more than 7% in early trade after its board of directors approved a purchase order with Larsen & Toubro Ltd for the development of a 1200 MTPD (DAP ba...

6 weeks ago - Business Upturn

Stock in Focus: RCF board approves ₹1,000 crore fertilizer plant with Larsen & Toubro

State-owned RCF (Rashtriya Chemicals & Fertilizers) has announced that its board has approved a major purchase order with Larsen & Toubro (L&T) for the establishment of a 1,200 metric tons per day (MT...

6 weeks ago - Business Upturn