Analysts Project Up to 16% Upside for Larsen & Toubro Shares
· Business · Economic Times
Market analysts maintain a bullish outlook on Larsen & Toubro, forecasting a potential 13-16% upside from the recent closing price of ₹3,915. This optimism is driven by the company's record order book of ₹7.8 lakh crore as of June 2026 and robust capital expenditure demand. While geopolitical tensions and logistics disruptions in West Asia slowed execution during the June quarter, the company confirmed that no major projects were cancelled. L&T expects to see improved execution momentum and fresh order inflows in the second half of FY27. The company is also leveraging a prospect pipeline of nearly ₹15 trillion to support future growth across domestic and international markets.
Why it matters
The company's performance serves as a key indicator for India's infrastructure and industrial sectors, impacting investors and the broader domestic economy.
Read the original report — Economic Times
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