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Analysts remain bullish on L&T, see up to 16% upside on order book strength

ET Intelligence Group: Shares of Larsen & Toubro (L&T) have declined 3.6% over the past month amid broader market volatility. However, analysts remain bullish on the stock, projecting 13-16% upside from Friday's closing price of ₹3,915, supported by the company's record order book of ₹7.8 lakh crore as of June 2026, robust capital expenditure demand and a growing presence in the offshore wind segment. While geopolitical tensions and logistics disruptions in West Asia affected execution …

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Economic TimesLean R·1h ago
Analysts remain bullish on L&T, see up to 16% upside on order book strength
ET Intelligence Group: Shares of Larsen & Toubro (L&T) have declined 3.6% over the past month amid broader market volatility. However, analysts remain bullish on the stock, projecting 13-16% upside from Friday's closing price of ₹3,915, supported by the company's record order book of ₹7.8 lakh crore as of June 2026, robust capital expenditure demand and a growing presence in the offshore wind segment. While geopolitical tensions and logistics disruptions in West Asia affected execution …
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Analysts remain bullish on L&T, see up to 16% upside on order book strength

How 2 sources are covering this