Larsen & Toubro Limited (LTOUF)
| Market Cap | 58.84B |
| Revenue (ttm) | 28.97B |
| Net Income (ttm) | 1.61B |
| Shares Out | n/a |
| EPS (ttm) | 1.17 |
| PE Ratio | 36.45 |
| Forward PE | n/a |
| Dividend | 0.27 (0.60%) |
| Ex-Dividend Date | Jun 19, 2024 |
| Volume | 3,700 |
| Open | 45.65 |
| Previous Close | 46.36 |
| Day's Range | 45.65 - 45.65 |
| 52-Week Range | 32.00 - 46.50 |
| Beta | 0.71 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 23, 2025 |
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 numbers in INR Financial StatementsNews
L&T Precision Engineering wins major defence contract for K9 Vajra-T Artillery Platforms
Larsen & Toubro (L&T) has secured a major defence contract from the Ministry of Defence, Government of India, for the supply of K9 Vajra-T Artillery Platforms to the Indian Army. This order reaffirms ...
Defence Ministry Signs Rs 7,628-Crore Contract With L&T For Vajra Artillery Guns
The defence ministry on Friday sealed a contract with Larsen & Toubro Ltd for procurement of K9 Vajra artillery guns for the Indian Army at a total cost of Rs 7,628 crore that is expected to significa...
Centre Signs Rs 7,628-Crore Contract With L&T For Vajra Artillery Guns
The defence ministry on Friday sealed a contract with Larsen & Toubro Ltd for procurement of K9 Vajra artillery guns for the Indian Army at a total cost of Rs 7,628 crore that is expected to significa...
Ministry of Defence inks Rs 7,628 crore deal with L&T for K9 VAJRA-T artillery guns
The Ministry of Defence (MoD) has signed a ₹7,628.70 crore contract with Larsen & Toubro (L&T) for the procurement of 155 mm/52 calibre K9 VAJRA-T self-propelled tracked artillery guns for the Indian ...
Larsen & Toubro arm secures first major client with a 10-year contract for 6 MW IT load
L&T-Cloudfiniti, the data centre business of Larsen & Toubro, has successfully onboarded its first major client at its hyperscale data centre in Sriperumbudur near Chennai. This marks a significant mi...
Macquarie reiterates Outperform call on L&T, target price at Rs 4,210
Macquarie has reiterated its Outperform rating on Larsen & Toubro (L&T) with a target price of ₹4,210. Management commentary suggests robust growth prospects, particularly in the Middle East, where en...
Nifty 50 top gainers today on December 9: Wipro, Larsen & Toubro and SBI Life Insurance lead the rally
On December 9, Indian equity indices closed lower for the second consecutive session, with the Nifty hovering around the 24,600 mark. At the close of the trading session, the Sensex was down by 200.66...
L&T wins appeal against Rs 702 crore customs duty demand; tribunal rules in favor of the company
Larsen & Toubro (L&T) has secured a favorable order from the Central Excise & Service Tax Appellate Tribunal, Ahmedabad, regarding a customs demand of ₹702 crore. The demand was previously raised by t...
Larsen & Toubro market cap rises by Rs 9,905 crore
Shares of Larsen & Toubro rose by 1.97% on Thursday, closing at Rs 3,738.10. This price movement resulted in an increase of approximately Rs 9,905 crore in the company’s market capitalization, which n...
Nifty 50 top gainers today on 25 November: ONGC, Bharat Electronics and Larsen & Toubro lead the rally
Indian stock markets continued their upward trajectory on November 25, with both the Sensex and Nifty closing significantly higher. The Sensex surged by 992.74 points, or 1.25%, to settle at 80,109.85...
Larsen & Toubro’s market cap gains Rs. 19,781 crore today
Larsen & Toubro (L&T) shares surged 3.99% to trade at Rs. 3,747.40, resulting in a significant market capitalization increase of Rs. 19,781 crore. The company’s total market cap now stands at Rs. 5,15...
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.