Today, we’re going on a journey to explore the estimated Larsen and Toubro Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Larsen and Toubro Share Price Target.
As an investor or a beginner interested in Larsen and Toubro, it is essential to understand the potential of Larsen and Toubro’s share price prediction. We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Larsen and Toubro Share price target for 2023, 2025, 2030 to 2050.
Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of Larsen and Toubro
| Name | Larsen & Toubro |
| Industry | Engineering and construction |
| Type | Public limited company |
| Founded | 1938 |
| CEO | Sanjiv Mehta |
| Headquarters | Mumbai, India |
| Services | Engineering construction manufacturing technology |
| Country | India |
| Locations | Over 60 countries |
| Website | larsentoubro.com |
| Profile | Larsen_&_Toubro |
Keep an eye on Larsen and Toubro’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Larsen and Toubro’s share price.
Fundamentals of Larsen and Toubro
The fundamental analysis of Larsen and Toubro Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
L&T is one of the largest companies in India, with a market capitalization of over $100 billion. The company’s business segments include infrastructure, power, heavy engineering, electrical and automation, hydrocarbon, IT and technology services, financial services, and development projects. L&T has a strong track record of executing large-scale projects in India and abroad and is known for its engineering expertise and project management capabilities.
Larsen & Toubro Limited (L&T) is an engineering and construction conglomerate that operates in over 30 countries. The company has a presence in the information technology (IT) and financial services sectors as well.
- Mutual Funds: 17.60%
- Foreign Institutions: 24.43%
- Retail And Others: 39.48%
- Other Domestic Institutions: 18.49%
| Reliance Infrastructure | 13.5% |
| NCC | 12.5% |
| Hindustan Construction Company | 11.0% |
| Jaiprakash Associates | 9.5% |
| Shapoorji Pallonji Group | 7.5% |
| Adani Group | 6.5% |
| Gammon India | 5.5% |
| IRCON International | 4.5% |
| Others | 20.0% |
Brokerage Firms
An effective method for evaluating the Larsen and Toubro share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 18 MAY 2023 | Geojit BNP Paribas | 2610.00 |
Buy
|
| 11 MAY 2023 | HDFC Securities | 2724.00 |
Buy
|
| 11 MAY 2023 | BOB Capital Markets Ltd. | 2630.00 |
Buy
|
| 11 MAY 2023 | ICICI Direct | 2650.00 |
Buy
|
| 11 MAY 2023 | Prabhudas Lilladhar | 2615.00 |
Buy
|
| 31 JAN 2023 | HDFC Securities | 2432.00 |
Buy
|
| 31 JAN 2023 | BOB Capital Markets Ltd. | 2440.00 |
Buy
|
| 31 JAN 2023 | ICICI Securities Limited | 2334.00 | Accu. |
| 31 JAN 2023 | LKP Securities | 2442.00 |
Buy
|
| 31 JAN 2023 | ICICI Direct | 2795.00 |
Buy
|
Our Recommendation
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| Facebook Page | 👉 Click Here ☑ |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Larsen and Toubro price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Our minimum target for L&T’s share price in 2023 is ₹2800, while our maximum target is ₹3200. We believe that L&T’s strong fundamentals, healthy order pipeline, and diversified business portfolio will continue to drive its growth in the coming years. The company has a solid track record of executing large-scale projects in India and abroad, and its engineering expertise and project management capabilities are well-recognized in the industry.
L&T’s financial performance in Q4FY23 was impressive, with a 10.4% YoY increase in revenue across segments. The company’s EBITDA grew 4.8% YoY to Rs. 6,833cr. L&T’s order book stood at Rs. 3.06 lakh crore as of March 31, 2023, with a good mix of orders from both the government and private sector (68% and 32%, respectively, as of FY23). The company’s hydrocarbon and refinery segments are expected to see strong order prospects in the coming year.
L&T’s valuation metrics are also attractive, with a P/E ratio of 19.4 and a P/B ratio of 2.9 as of May 2023. The company’s dividend yield of 1.1% is also a positive factor for investors.
Our minimum target for L&T’s share price in 2024 is ₹3200, while our maximum target is ₹3600. We believe that L&T’s growth prospects are strong, and the company is well-positioned to benefit from the infrastructure and construction boom in India. The government’s focus on infrastructure development, including the National Infrastructure Pipeline (NIP) and the Bharatmala Pariyojana, is expected to drive demand for L&T’s services in the coming years.
Our minimum target for L&T’s share price in 2025 is ₹3800, while our maximum target is ₹4200. We believe that L&T’s growth prospects will continue to be strong in the coming years, driven by the government’s focus on infrastructure development and the increasing demand for engineering and construction services in India and abroad.
L&T’s hydrocarbon and refinery segments are expected to see strong growth in the coming years, driven by the increasing demand for energy and the company’s strong track record in executing large-scale projects in this sector. L&T’s IT and technology services segment is also expected to see strong growth, driven by the increasing adoption of digital technologies and the company’s focus on innovation and R&D.
Our minimum target for L&T’s share price in 2027 is ₹5500, while our maximum target is ₹6000. We believe that L&T’s growth prospects will continue to be strong in the coming years, driven by the government’s focus on infrastructure development and the increasing demand for engineering and construction services in India and abroad.
Our minimum target for L&T’s share price in 2030 is ₹8000, while our maximum target is ₹10000. We believe that L&T’s growth prospects will continue to be strong in the coming years, driven by the government’s focus on infrastructure development and the increasing demand for engineering and construction services in India and abroad.
Our minimum target for L&T’s share price in 2050 is ₹15,000, while our maximum target is ₹20,000. We believe that L&T’s growth prospects will continue to be strong in the coming years, driven by the government’s focus on infrastructure development and the increasing demand for engineering and construction services in India and abroad.
L&T’s fundamentals remain solid, and it is well-positioned to deliver robust performance over the long term. The company has a healthy order pipeline in place, with a good mix of orders from both the government and private sector (68% and 32%, respectively, as of FY23). L&T’s valuation metrics are also attractive, with a P/E ratio of 19.4 and a P/B ratio of 2.9 as of May 2023. The company’s dividend yield of 1.1% is also a positive factor for investors.
| Years | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | ₹2800 | ₹3200 |
| 2024 | ₹3200 | ₹3600 |
| 2025 | ₹3800 | ₹4200 |
| 2026 | ₹4500 | ₹5000 |
| 2027 | ₹5500 | ₹6000 |
| 2030 | ₹8000 | ₹10000 |
| 2040 | ₹11000 | ₹13000 |
| 2050 | ₹15,000 | ₹20,000 |
Based on our analysis, the maximum share price target for Larsen and Toubro in 2023 could be ₹3200.
Based on our analysis, the maximum share price target for Larsen and Toubro in 2025 could be ₹4200.
Based on our analysis, the maximum share price target for Larsen and Toubro in 2030 could be ₹10000.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Larsen and Toubro Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Larsen and Toubro stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
