Larsen & Toubro Limited (NSE: LT)
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]
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 StatementsNews
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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, ...
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...
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...
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.
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...
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...
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...
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...
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...
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.
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...
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...
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.
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...
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...