Larsen & Toubro Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Larsen & Toubro Share Price Target
Larsen & Toubro Ltd, often known as L&T, is a major Indian multinational company based in Mumbai. Founded in 1938 by two Danish engineers, it has grown into one of the largest and most respected companies in the engineering and construction sector. L&T operates in various fields, including construction, engineering, manufacturing, and technology services. Larsen & Toubro Share Price on NSE as of 28 October 2024 is 3,360.00 INR. Here will provide you more details on Larsen & Toubro Share Price Target 2024, 2025, 2026 to 2030.

Larsen and Toubro Ltd: Market Overview

  • Open Price: ₹3,316.00
  • High Price: ₹3,373.00
  • Low Price: ₹3,262.55
  • Previous Close: ₹3,326.40
  • Volume: 2,991,674
  • Value (Lacs): ₹99,945.84
  • VWAP: ₹3,320.79
  • UC Limit: ₹3,659.00
  • LC Limit: ₹2,993.80
  • P/E ratio: 34.80
  • Div yield: 0.83%
  • 52-wk high: ₹3,919.90
  • 52-wk low: ₹2,856.15
  • Mkt cap: ₹4.59LCr
  • Face Value: ₹2

Larsen & Toubro Share Price Chart

Larsen & Toubro Share Price Chart

Larsen & Toubro Share Price Target Tomorrow 2024 To 2030

Larsen & Toubro Share Price Target Years Share Price Target
2024 ₹3,920
2025 ₹5800
2026 ₹6480
2027 ₹7019
2028 ₹7990
2029 ₹8575
2030 ₹9566

Larsen & Toubro Share Price Target 2024

Larsen & Toubro share price target 2024 Expected target could be ₹3,920. Here are three key risks and challenges that could impact the share price target for Larsen & Toubro (L&T) in 2024:

  • Economic Slowdown: An economic slowdown, both domestically and globally, can significantly affect L&T’s operations. Reduced government spending on infrastructure and private sector investment can lead to fewer project opportunities. If the economy faces challenges like inflation or rising interest rates, it may impact the company’s profitability and overall growth, influencing investor sentiment and share price.
  • Regulatory Hurdles: L&T operates in a highly regulated industry, and changes in government policies, regulations, or approvals can pose challenges. Delays in project clearances, increased compliance costs, or changes in taxation policies may hinder project execution and profitability. Such regulatory uncertainties can negatively affect the company’s market position and investor confidence.
  • Competition and Market Dynamics: The construction and engineering sectors are highly competitive, with numerous players vying for contracts. Increased competition can lead to lower margins as companies might engage in price wars to secure projects. Additionally, fluctuations in raw material prices can impact cost structures, affecting overall profitability. L&T must continually innovate and improve efficiencies to maintain its competitive edge in this challenging environment.

Larsen & Toubro Share Price Target 2025

Larsen & Toubro share price target 2025 Expected target could be ₹5800. Here are three key risks and challenges that could impact the share price target for Larsen & Toubro (L&T) in 2025:

  • Project Execution Risks: L&T is involved in large-scale infrastructure and engineering projects, which come with inherent execution risks. Delays in project timelines due to unforeseen circumstances such as weather conditions, labor shortages, or supply chain disruptions can lead to cost overruns and reduced profitability. These issues can negatively impact investor confidence and subsequently affect the share price.
  • Global Economic Uncertainty: The global economy can influence L&T’s performance, especially since the company engages in international projects. Economic instability in key markets, fluctuations in currency exchange rates, or geopolitical tensions can hinder overseas operations and lead to project cancellations or delays. Such uncertainties can impact revenue growth and, in turn, the share price.
  • Technological Disruption: As technology rapidly evolves, L&T must continuously adapt to remain competitive. The emergence of new technologies in construction, such as automation and digitalization, can disrupt traditional practices. Failure to keep pace with technological advancements could lead to inefficiencies, loss of market share, or increased operational costs, all of which could adversely affect the company’s financial performance and share price.

Larsen & Toubro Share Price Target 2030

Larsen & Toubro share price target 2030 Expected target could be ₹9566. Here are three key risks and challenges that could impact the share price target for Larsen & Toubro (L&T) in 2030:

  • Regulatory Changes: As a major player in the infrastructure and construction sector, L&T is subject to various regulations and policies at both national and international levels. Changes in government policies, such as modifications to taxation, labor laws, or environmental regulations, could significantly impact project costs and timelines. Such regulatory shifts can create uncertainty, potentially leading to delays in project approvals and execution, which can affect the company’s profitability and share price.
  • Market Competition: The infrastructure and construction sectors are highly competitive, with many domestic and international players vying for contracts. Increased competition could lead to price wars and reduced margins. If L&T fails to secure key projects or loses contracts to competitors, its revenue growth may slow, which can negatively impact investor sentiment and the share price.
  • Economic Fluctuations: The performance of L&T is closely tied to the overall health of the economy. Economic downturns, reduced government spending on infrastructure, or a slowdown in private sector investment can adversely affect the company’s order book and revenue. Fluctuations in raw material prices, interest rates, and inflation can also impact project costs and margins. These economic challenges can lead to decreased investor confidence and affect the company’s share price in 2030.

Shareholding Pattern For Larsen and Toubro Ltd

  • Retail and Others: 37.71%
  • FII: 21.71%
  • DII: 21.43%
  • Mutual Funds: 19.14%

Shareholding Pattern For Larsen and Toubro Ltd

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.larsentoubro.com/

Larsen and Toubro Ltd Financials

(INR) 2024 Y/Y change
Revenue 2.25T 20.94%
Operating expense 600.71B 14.30%
Net income 130.59B 24.72%
Net profit margin 5.80 3.20%
Earnings per share 0.89 -98.40%
EBITDA 270.70B 16.94%
Effective tax rate 24.25% —

Larsen and Toubro Ltd Financials

Larsen & Toubro Quarterly Financials

Read Also:- VA Tech Wabag Share Price Target Tomorrow 2024 To 2030- Prediction, Market Overview

Leave a Comment

Your email address will not be published. Required fields are marked *