L&T, or Larsen and Toubro Limited, is a well-known Indian multinational business with a long history that dates back to 1938. The business is active in a number of industries, including engineering, building, technology, manufacturing, and financial services. L&T has significantly aided in the development of India’s infrastructure and has built a name for itself in the international arena. L&T has continually provided high-quality goods and services with an emphasis on innovation, sustainability, and customer happiness, giving it a reputation as one of India’s most reputable and respected businesses. The history, development, and present situation of Larsen and Toubro Limited, as well as its effects on the Indian and worldwide economies, will all be covered in this article.
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Contents
LARSEN IN RECENT NEWS
- Approval has been granted by the Cabinet to enter into a contract with L&T for the procurement of three cadet training vessels.
- Investors who put their money into Larsen & Toubro (NSE:LT) three years ago have seen an increase in value of 86%.
L&T SHARE PRICE TARGET 2023
| L&T SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| March 2023 | ₹2,150.00 | ₹1,653.85 |
| April 2023 | ₹2,365.00 | ₹1,819.23 |
| May 2023 | ₹1,970.83 | ₹1,516.03 |
| June 2023 | ₹2,365.00 | ₹1,819.23 |
| July 2023 | ₹2,838.00 | ₹2,183.08 |
| August 2023 | ₹3,121.80 | ₹2,401.38 |
| September 2023 | ₹3,277.89 | ₹2,521.45 |
| October 2023 | ₹3,121.80 | ₹2,401.38 |
| November 2023 | ₹3,433.98 | ₹2,641.52 |
| December 2023 | ₹3,846.06 | ₹2,958.51 |
The company’s stock is expected to see an uptrend throughout the year, with the maximum price for December 2023 being forecasted at ₹3,846.06, representing a growth percentage of 83.9% from the minimum price in March 2023. This bullish trend is likely due to the company’s positive performance and growth prospects in various sectors, including engineering, construction, and technology. Investors can take advantage of this expected growth by considering investing in L&T, a company with a long-standing reputation for delivering quality products and services. Overall, L&T is poised to have a promising year in terms of stock performance in 2023.
L&T SHARE PRICE TARGET 2024
| L&T SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹4,048.48 | 1037.03 |
| February 2024 | ₹4,548.86 | ₹3,790.71 |
| March 2024 | ₹4,788.27 | ₹3,892.90 |
| April 2024 | ₹4,352.97 | ₹3,348.44 |
| May 2024 | ₹3,627.48 | ₹2,790.37 |
| June 2024 | ₹4,352.97 | ₹3,348.44 |
| July 2024 | ₹3,700.03 | ₹2,868.24 |
| August 2024 | ₹4,070.03 | ₹3,230.18 |
| September 2024 | ₹4,273.53 | ₹3,287.33 |
| October 2024 | ₹5,027.68 | ₹3,867.45 |
| November 2024 | ₹5,279.07 | ₹4,060.82 |
| December 2024 | ₹5,384.65 | ₹4,142.04 |
Looking ahead to 2024, Larsen and Turbo Limited (L&T) is expected to continue its bullish trend, with the company’s stock projected to see significant growth throughout the year. According to the predictions, the maximum share price target for December 2024 is forecasted to be ₹5,384.65, representing a growth percentage of 30.3% from the minimum price in January 2024. Similarly, the minimum share price target for the year is forecasted to be ₹1,037.03 in January 2024. This upward trend is likely due to the company’s strong performance and growth prospects, as L&T continues to expand and diversify its operations in various sectors, including infrastructure, defense, and technology. With a solid reputation for delivering quality products and services, L&T is well-positioned to capitalize on growth opportunities and provide value to investors in the coming years.
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L&T SHARE PRICE TARGET 2025
| L&T SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹5,492.34 | ₹4,224.88 |
| February 2025 | ₹5,781.41 | ₹4,447.24 |
| March 2025 | ₹6,070.48 | ₹4,669.60 |
| April 2025 | ₹5,420.07 | ₹4,169.29 |
| May 2025 | ₹4,927.34 | ₹3,790.26 |
| June 2025 | ₹5,420.07 | ₹4,169.29 |
| July 2025 | ₹5,161.97 | ₹3,970.75 |
| August 2025 | ₹5,377.06 | ₹4,136.20 |
| September 2025 | ₹5,645.91 | ₹4,343.01 |
| October 2025 | ₹5,984.66 | ₹4,603.59 |
| November 2025 | ₹6,403.59 | ₹4,925.84 |
| December 2025 | ₹6,531.66 | ₹5,024.36 |
The year 2025 is projected to be another strong year for Larsen and Turbo Limited (L&T), with the company’s stock expected to continue its upward trend. The maximum share price target for December 2025 is forecasted to be ₹6,531.66, representing a growth percentage of 55.1% from the minimum price in January 2025. The minimum share price target for the year is forecasted to be ₹4,224.88 in January 2025. These predictions suggest that L&T is expected to maintain its bullish trend, benefiting from its diversified operations and strong performance across various sectors. As the company continues to expand its presence and explore new growth opportunities, it is well-positioned to deliver value to investors and sustain its growth trajectory in the coming years.
L&T SHARE PRICE TARGET 2026 TO 2030
| L&T SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹4,572.16 | ₹3,200.51 |
| 2027 | ₹3,886.34 | ₹2,720.44 |
| 2028 | ₹6,995.41 | ₹4,896.79 |
| 2029 | ₹14,369.66 | ₹10,058.76 |
| 2030 | ₹16,002.57 | ₹11,201.80 |
Looking ahead to the coming years, the share price target for Larsen and Turbo Ltd shows a mixed trend. The year 2026 is expected to see a dip in the share price with a minimum target of ₹3,200.51, followed by a maximum target of ₹4,572.16. The year 2027 is also expected to be a bearish year for the company, with a maximum target of ₹3,886.34 and a minimum target of ₹2,720.44. However, the share price is expected to rebound in 2028 with a maximum target of ₹6,995.41 and a minimum target of ₹4,896.79. This bullish trend is expected to continue in 2029, with a maximum target of ₹14,369.66 and a minimum target of ₹10,058.76. The year 2030 is expected to witness a further increase in the share price, with a maximum target of ₹16,002.57 and a minimum target of ₹11,201.80. However, it is important to note that these are only predictions based on current market trends and various factors can impact the actual share price in the future.
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FINANCIAL STRENGTH OF LARSEN AND TURBO LTD (2018 TO 2022)
| | ANNUAL | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
| Total Revenue | 1,58,788.31 | 1,39,408.38 | 1,47,813.26 | 1,37,056.82 | 1,21,095.19 |
| Total Revenue Growth (%) | 13.90 | -5.69 | 7.85 | 13.18 | 9.43 |
| Total Expenses | 1,44,377.58 | 1,27,172.58 | 1,34,382.31 | 1,23,616.23 | 1,09,579.03 |
| Total Expenses Growth (%) | 13.53 | -5.37 | 8.71 | 12.81 | 7.55 |
| Profit after Tax (PAT) | 8,669.33 | 11,582.93 | 9,549.03 | 8,905.13 | 7,369.86 |
| PAT Growth (%) | -25.15 | 21.30 | 7.23 | 20.83 | 21.99 |
| Operating Profit Margin (%) | 11.20 | 11.87 | 11.15 | 11.27 | 10.90 |
| Net Profit Margin (%) | 5.53 | 8.51 | 6.56 | 6.58 | 6.15 |
| Basic EPS (₹) | 61.71 | 82.49 | 68.04 | 63.51 | 52.62 |
Larsen and Turbo has shown consistent growth in its revenue over the last five years, with a maximum revenue of ₹1,58,788.31 crores in FY 2022 and a minimum of ₹1,21,095.19 crores in FY 2018. The company’s revenue growth rate has been volatile over the years, with a maximum growth of 13.90% in FY 2022 and a minimum of 7.85% in FY 2020. Similarly, the total expenses of the company have also shown an increasing trend, with a maximum of ₹1,44,377.58 crores in FY 2022 and a minimum of ₹1,09,579.03 crores in FY 2018. The profit after tax (PAT) has been inconsistent, with a maximum of ₹11,582.93 crores in FY 2021 and a minimum of ₹7,369.86 crores in FY 2018. However, the company has shown an overall profit growth of 21.30% over the last five years. The operating profit margin has been consistently above 10%, with a maximum of 11.87% in FY 2021. The net profit margin has been volatile, with a maximum of 8.51% in FY 2021 and a minimum of 6.15% in FY 2018. The basic earnings per share (EPS) have also been inconsistent, with a maximum of ₹82.49 in FY 2021 and a minimum of ₹52.62 in FY 2018.
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FAQ’s
The maximum share price of Larsen And Turbo Ltd in 2028 is Rs. 6995.14
The maximum share price of Larsen And Turbo Ltd in 2029 is Rs. 14369.66
The maximum share price of Larsen And Turbo Ltd in 2030 is Rs. 16002.57
CONCLUSION: LARSEN AND TURBO LTD
According to Larsen and Turbo ltd.’s financial filings over the previous five years, the company has had positive growth in terms of revenue, profit, and PAT. The company has maintained a stable growth rate in revenue and profit, with a strong operating profit margin, although confronting a fall in PAT in FY 2022. Throughout time, the company’s EPS has likewise trended favourably. So, investors seeking long-term development potential in the engineering and construction sector may find Larsen and Turbo ltd shares to be a wise choice given the favourable increase in revenue, profit, and EPS as well as the strong operating profit margin. Nonetheless, it’s crucial to remember that stock market investment
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.