|
20 Sep 2025 |
Larsen & Toubro
|
Consensus Share Price Target
|
3675.40 |
4060.33 |
- |
10.47 |
buy
|
|
|
|
|
12 Sep 2023
|
Larsen & Toubro
|
Prabhudas Lilladhar
|
3675.40
|
3302.00
|
2944.10
(24.84%)
|
Target met |
Buy
|
|
|
|
|
08 Sep 2023
|
Larsen & Toubro
|
ICICI Securities Limited
|
3675.40
|
3141.00
|
2846.40
(29.12%)
|
Target met |
Buy
|
|
|
As per media reports (Link), L&T is the preferred contractor for USD 3.9bn order for Jafurah Unconventional Gas Field, Saudi Arabia (Source: MEED). Also, till date in FY24, L&T has announced orders worth over INR 750bn. With this significant accretion in orders, L&T could report >20% growth in order inflow in Q2 (excl. services), in our view.
|
|
28 Jul 2023
|
Larsen & Toubro
|
Geojit BNP Paribas
|
3675.40
|
2941.00
|
2649.55
(38.72%)
|
Target met |
Buy
|
|
|
|
|
27 Jul 2023
|
Larsen & Toubro
|
SMC online
|
3675.40
|
|
2660.20
(38.16%)
|
|
Results Update
|
|
|
|
|
26 Jul 2023
|
Larsen & Toubro
|
Prabhudas Lilladhar
|
3675.40
|
2955.00
|
2646.25
(38.89%)
|
Target met |
Buy
|
|
|
|
|
26 Jul 2023
|
Larsen & Toubro
|
ICICI Securities Limited
|
3675.40
|
2750.00
|
2560.90
(43.52%)
|
Target met |
Buy
|
|
|
Larsen and Toubro (L&T) reported almost a perfect quarter – beat in order inflow, strong revenue growth and >100% payout in the form of share buyback of INR 100bn, and a special dividend of INR 6 per share. Additionally, despite a higher prospective order pipeline of INR 10trn for 9MFY24, the management decided to err on the side of caution and has maintained its guidance of 10-12% growth in order inflow because of the risk presented by the general elections next year.
|
|
26 Jul 2023
|
Larsen & Toubro
|
BOB Capital Markets Ltd.
|
3675.40
|
3000.00
|
2646.25
(38.89%)
|
Target met |
Buy
|
|
|
Stellar Q1 led by inflows, execution and working capital efficiency; closed the quarter with a record Rs 4.1tn order book
|
|
18 May 2023
|
Larsen & Toubro
|
Geojit BNP Paribas
|
3675.40
|
2610.00
|
2188.20
(67.96%)
|
Target met |
Buy
|
|
|
|
|
12 May 2023
|
Larsen & Toubro
|
SMC online
|
3675.40
|
|
2221.10
(65.48%)
|
|
Results Update
|
|
|
|
|
11 May 2023
|
Larsen & Toubro
|
BOB Capital Markets Ltd.
|
3675.40
|
2630.00
|
2242.15
(63.92%)
|
Target met |
Buy
|
|
|
Q4 in line; FY23 order inflow and revenue beat guidance while margins were on par and order book soared to a record Rs 4tn
|