Larsen and Toubro’s construction and engineering projects are found everywhere in India, from bustling cities to remote corners. However, for investors, the firm’s footprint broadens far further than bricks and mortar, as its stock has long been a favorite on Indian exchanges. However, given the company’s latest growth trajectory and the global economic uncertainty, everyone is wondering: what ought to be the Larsen and Toubro share price target for the next few years? In this article, we look at the ability of this turquoise stock and answer the burning question on everyone’s mind: is Larsen and Toubro a solid investment to buy in 2023 and beyond?”
Latest news about Larsen & Toubro Ltd share price target
➤Overall, since June of last year, the L&T share price has been making higher high higher low formations and has rallied more than 55 percent, indicating that the stock has been maintaining an upward rally despite intermittent correction and consolidation.
➤Larsen Sales at Rs 46,389.72 crore in December 2022 up 17.26% from Rs. 39,562.92 crore in December 2021.
How to purchase Larsen & Toubro Ltd shares?
Below are the trading platforms that you can use to purchase Larsen & Toubro Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Larsen & Toubro Ltd: 2023 to 2030
Share Price Prediction of Larsen & Toubro Ltd: 2023
| when | Maximum Price | Minimum Price |
| March 2023 | ₹2,250.10 | ₹1,730.85 |
| April 2023 | ₹2,475.11 | ₹1,903.93 |
| May 2023 | ₹2,062.59 | ₹1,586.61 |
| June 2023 | ₹2,475.11 | ₹1,903.93 |
| July 2023 | ₹2,970.13 | ₹2,284.72 |
| August 2023 | ₹3,267.15 | ₹2,513.19 |
| September 2023 | ₹3,430.50 | ₹2,638.85 |
| October 2023 | ₹3,267.15 | ₹2,513.19 |
| November 2023 | ₹3,593.86 | ₹2,764.51 |
| December 2023 | ₹4,025.12 | ₹3,096.25 |
Looking at the table of Larsen and tourbo share price predictions for 2023, it is evident that there is a strong bullish sentiment in the market. The maximum price predicted for Larsen and tourbo shares is quite high, reaching up to ₹4,025.12 in December 2023, which is significantly higher than the current price. The minimum price is also relatively high, indicating a strong uptrend in the market. The growth percentage for Larsen and tourbo shares is quite impressive, ranging from 10% to 70%, which suggests that investors are optimistic about the company’s future performance. Overall, this table indicates that Larsen and tourbo is a promising investment option for those looking for high growth potential in the stock market.
Share Price Prediction of Larsen & Toubro Ltd: 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹4,236.97 | ₹3,259.21 |
| February 2024 | ₹4,760.64 | ₹3,967.20 |
| March 2024 | ₹5,011.20 | ₹4,074.15 |
| April 2024 | ₹4,555.64 | ₹3,504.34 |
| May 2024 | ₹3,796.37 | ₹2,920.28 |
| June 2024 | ₹4,555.64 | ₹3,504.34 |
| July 2024 | ₹3,872.29 | ₹3,001.78 |
| August 2024 | ₹4,259.52 | ₹3,380.57 |
| September 2024 | ₹4,472.50 | ₹3,440.38 |
| October 2024 | ₹5,261.76 | ₹4,047.51 |
| November 2024 | ₹5,524.85 | ₹4,249.88 |
| December 2024 | ₹5,635.35 | ₹4,334.88 |
Looking at the table of Larsen and tourbo share price target for 2024, it appears that there is potential for strong returns on investment. The maximum price predicted for Larsen and tourbo shares in October and November 2024 is quite high, reaching up to ₹5,261.76 and ₹5,524.85, respectively. However, there is also a notable bearish trend in the market, with the minimum price predicted for May 2024 being significantly lower than the current price. This suggests that investors should exercise caution and carefully evaluate market conditions before investing in Larsen and Tourbo Ltd. Overall, the share price target for Larsen and Tourbo Ltd in 2024 is a mix of both potential growth and potential risk, making it important for investors to weigh their options carefully.
Share Price Prediction of Larsen & Toubro Ltd: 2025
| When | Maximum Price | Minimum Price |
| January 2025 | ₹5,748.05 | ₹4,421.58 |
| February 2025 | ₹6,050.58 | ₹4,654.30 |
| March 2025 | ₹6,353.11 | ₹4,887.01 |
| April 2025 | ₹5,672.42 | ₹4,363.40 |
| May 2025 | ₹5,156.75 | ₹3,966.73 |
| June 2025 | ₹5,672.42 | ₹4,363.40 |
| July 2025 | ₹5,402.31 | ₹4,155.62 |
| August 2025 | ₹5,627.40 | ₹4,328.77 |
| September 2025 | ₹5,908.77 | ₹4,545.21 |
| October 2025 | ₹6,263.30 | ₹4,817.92 |
| November 2025 | ₹6,701.73 | ₹5,155.18 |
| December 2025 | ₹6,835.76 | ₹5,258.28 |
Looking ahead to 2025, the share price target for Larsen and Toubro (L&T) shows a positive trend. The maximum price is expected to reach ₹6,835.76, while the minimum price may be around ₹4,363.40. The average target price for 2025 stands at ₹5,798.77. This indicates a potential upside of around 26% from the current market price. Based on this forecast, L&T appears to be a good long-term investment opportunity. However, it is important to note that share prices are subject to market volatility and other economic factors. Therefore, it is always recommended to consult with a financial advisor before making any investment decisions.
Larsen & Toubro Ltd Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2023 | ₹4,025.12 | ₹1,586.61 |
| 2024 | ₹5,635.35 | ₹3,259.21 |
| 2025 | ₹6,835.76 | ₹4,363.40 |
| 2026 | ₹4,785.04 | ₹3,349.52 |
| 2027 | ₹4,067.28 | ₹2,847.10 |
| 2028 | ₹7,321.10 | ₹5,124.77 |
| 2029 | ₹15,038.68 | ₹10,527.08 |
| 2030 | ₹16,747.62 | ₹11,723.34 |
Looking at the historical trend of Larsen and tourbo’s stock prices, it can be seen that the company’s share price has been volatile in the past years. In 2026, the maximum price was ₹4,785.04 and the minimum price was ₹3,349.52. Moving forward, in 2027, the maximum and minimum prices were ₹4,067.28 and ₹2,847.10, respectively. However, in 2028, the maximum price saw a significant increase to ₹7,321.10 while the minimum price was ₹5,124.77. In 2029, the maximum price surged to ₹15,038.68 while the minimum price was ₹10,527.08. Finally, in 2030, the maximum price was ₹16,747.62, and the minimum price was ₹11,723.34.
It is important to note that predicting the future stock prices of Larsen and Tourbo can be challenging and uncertain. However, considering the company’s financial performance and growth prospects, some analysts may have an average target or recommendation for the stock. Investors who are interested in buying Larsen and turbos Ltd shares for the long term should carefully evaluate the company’s fundamentals, market trends, and macroeconomic conditions before making any investment decisions.
Financial Condition of Larsen & Toubro Ltd: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 1,19,683.16 | 1,35,220.29 | 1,45,452.36 | 1,35,979.03 | 1,56,521.23 |
| Expenses | 99,571.82 | 1,12,354.47 | 1,20,899.26 | 1,12,518.79 | 1,32,194.65 |
| Operating Profit | 20,111.34 | 22,865.82 | 24,553.10 | 23,460.24 | 24,326.58 |
| Other Income | 1,464.93 | 2,700.61 | 3,015.47 | 8,111.25 | 2,364.01 |
| Depreciation | 2,223.48 | 1,923.03 | 2,462.27 | 2,904.21 | 2,947.95 |
| Interest | 7,713.63 | 9,338.73 | 11,020.78 | 11,749.58 | 9,234.98 |
| Profit before tax | 11,639.16 | 14,304.67 | 14,085.52 | 16,917.70 | 14,507.66 |
| Tax | 3,198.87 | 4,067.09 | 3,263.20 | 4,010.82 | 4,216.61 |
| Net profit | 7,369.86 | 8,905.13 | 9,549.03 | 11,582.93 | 8,669.33 |
| EPS | 52.59 | 63.49 | 68.02 | 82.46 | 61.7 |
| Price to earning | 24.93 | 21.82 | 11.89 | 17.21 | 28.65 |
| Price | 1,310.90 | 1,385.30 | 808.5 | 1,418.90 | 1,767.65 |
| RATIOS: | |||||
| Dividend Payout | 30.42% | 28.35% | 26.46% | 43.65% | 35.66% |
| OPM | 16.80% | 16.91% | 16.88% | 17.25% | 15.54% |
Looking at Larsen and Tourbo Ltd’s financial statement over the past five years, there has been a mix of positive and negative growth. The company’s revenue has seen a steady increase from ₹1,19,683.16 crore in March 2018 to ₹1,56,521.23 crore in March 2022, marking a growth of approximately 31.5%. However, the company’s net profit has seen a fluctuating trend, with a low of ₹7,369.86 crore in March 2018 and a high of ₹11,582.93 crore in March 2021. Larsen and Tourbo’s profit growth has been inconsistent, but its revenue growth has been relatively stable. The company’s EPS has seen a significant increase from ₹52.59 in March 2018 to ₹82.46 in March 2021, indicating an upward trend. The company’s price to earnings ratio has been volatile, with a high of 28.65 in March 2022 and a low of 11.89 in March 2020. The dividend payout has been consistently above 25%, reaching a maximum of 43.65% in March 2021. The OPM has seen slight fluctuations, with a maximum of 17.25% in March 2021 and a minimum of 15.54% in March 2022. Overall, Larsen and Turbos has shown moderate growth in its revenue, but its net profit growth has been less consistent over the past five years.
Experts’ target for the share price of Larsen & Toubro Ltd
Sharekhan on Larsen and Tourbo share price target.
Sharekhan recommended accumulate rating on Larsen and tourbo with a target price of Rs 2600 in its research.
Anand kumar on Larsen and Tourbo share price target.
Anand kumar recommended accumulate rating on with a target price of Rs 1763 in its research.
FAQS
What is L&T’s current share price, and how has it performed in recent years?
As of March 19, 2023, L&T’s share price is Rs. 2,388.50. L&T’s share price has shown a steady upward trend in recent years, with a 3-year return of over 130%.
What is the L&T share price target for 2023 to 2030?
Various analysts and brokerage firms have different share price targets for L&T for the period 2023 to 2030. Some analysts project a target of Rs. 3,000 to Rs. 3,500 per share, while others are more optimistic and project a target of Rs. 4,000 or more.
What are the factors driving L&T’s growth and share price performance?
L&T’s growth is being driven by factors such as increased government spending on infrastructure projects, the company’s diversified business portfolio, and its strong execution capabilities. L&T has also been focusing on digitization and innovation to stay competitive.
What are the risks associated with investing in L&T?
Like any investment, there are risks associated with investing in L&T, such as changes in government policies and regulations, economic slowdowns, and industry-specific risks. Investors should perform their due diligence and consider their risk tolerance before investing.
What is L&T’s dividend policy, and how does it impact share price?
L&T has a consistent dividend payout policy, which can impact its share price positively. A high dividend yield can attract investors looking for stable returns, which can, in turn, drive up share prices.
What is L&T’s debt position, and how does it impact share price?
L&T’s debt position is a factor that can impact its share price. If the company has high levels of debt, investors may be concerned about its ability to repay its debts and may sell off their shares, resulting in a drop in share prices.
What is the outlook for L&T’s various business segments?
L&T has a diversified business portfolio that includes engineering, construction, infrastructure, and financial services. The outlook for each segment may vary depending on factors such as government spending, industry trends, and competition.
What is the impact of inflation on L&T’s share price?
Inflation can impact L&T’s share price as it can affect the company’s costs and profitability. Higher inflation can result in higher costs, which can impact profit margins and, in turn, affect share prices.
How does L&T’s performance compare to its peers in the industry?
L&T is one of the leading players in the engineering and construction industry in India. Its performance can be compared to its peers in the industry to gauge its competitiveness and growth prospects.
What are some potential catalysts that could drive L&T’s share price in the coming years?
Potential catalysts for L&T’s share price include increased government spending on infrastructure, growth in the company’s core business segments, successful execution of its digital strategy, and expansion into new markets.
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Conclusion
Finally, Larsen and Tourbo’s forecast for share prices in 2023, 2025, and 2030 shows an upward trend, with a peak price of 6,835.76 in 2025. Income growth, PAT, revenue growth, and profit growth have all been consistent over the last five years, indicating stability and potential for growth. The dividend payout ratio has remained above 25%, making it an attractive investment for income investors. Furthermore, Larsen and Tourbo’s OPM has consistently been greater than 15%, indicating good operational efficiency. Given these considerations, Larsen and Turbos stock appears to be a good buy for investors seeking consistent growth with solid fundamentals. However, whether the company’s stock can reach 5,000 remains to be seen and will be determined by a number of factors.
Neelam is a talented writer and financial analyst, currently studying at Hansraj College. She is a regular contributor to Trickyfinance, where she covers a range of topics including price prediction, stock market news, and market analysis. Neelam’s passion for finance and economics led her to pursue a writing career in the financial industry, where she has gained valuable experience and insights into the workings of the market. In her free time, Neelam enjoys reading and conducting her own market analysis to stay up-to-date with the latest trends and developments in the industry.
