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More Than 10000 Crore Solar Plant Order; Massive Renewable Energy Growth; Share Target

Larsen & Toubro Ltd (NSE: LT): The company’s stock opened at Rs 3,640.10 against the closing price of Rs 3,627.15.

After this, the stock fell below the cost of Rs 3,600. The company informed the exchange that L&T had received a big order.

Big Order  

The company told the exchange that the value of the order is in the range of Rs 10000 crore to Rs 15000 crore.

The company says that this order has been received by the unit related to renewable business. An order has been received for a solar plant in the Middle East. The company will set up a 2 GW solar PV plant.

T Madhav Das, Director (Utilities) of Larsen & Toubro Ltd says that the continuous orders are a major proof of the company’s engineering unit.

“We value this level of customer trust. Commenting on the mega order, S N Subrahmanyan, Chairman and Managing Director of Larsen & Toubro Ltd, said that the Middle East is at the forefront of building sustainable energy infrastructure. These orders are welcome additions to our green portfolio.”

Larsen & Toubro Ltd Stock Declines 

The stock has fallen 5 percent in three months. The stock has risen 50 percent in one year. The stock has risen 130 percent in three years.

Larsen & Toubro Ltd Stock Performance

Current Price₹ 3,632
52-wk High₹ 3,949
52-wk Low₹ 2,420
5 Days Return2.46%
1 Month Return2.49%

Key Fundamentals Parameters

Market Cap₹ 4,99,345 Cr.
Stock P/E38.7
Book Value₹ 628
Dividend0.77 %
ROCE13.4 %
ROE14.7 %
Face Value₹ 2.00
P/B Value5.82
OPM13.5 %
EPS₹ 95.0
Debt₹ 1,16,322 Cr.
Debt to Equity1.35

Larsen & Toubro Ltd Shareholding Pattern

FII Holding
Mar 202324.48%
Jun 202325.29%
Sep 202325.72%
Dec 202325.50%
Mar 202424.36%
DII Holding
Mar 202338.64%
Jun 202338.01%
Sep 202337.16%
Dec 202337.34%
Mar 202438.08%
Govt. Holding
Mar 20230.23%
Jun 20230.23%
Sep 20230.23%
Dec 20230.23%
Mar 20240.23%
Hot Stocks Alert Join
Public Holding
Mar 202336.65%
Jun 202336.47%
Sep 202336.89%
Dec 202336.93%
Mar 202437.33%

Larsen & Toubro Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 145,452 Cr
2021₹ 135,979 Cr
2022₹ 156,521 Cr
2023₹ 183,341 Cr
2024₹ 221,113 Cr

Last 5 Years’ Net Profit:

2020₹ 10,894 Cr
2021₹ 12,921 Cr
2022₹ 10,419 Cr
2023₹ 12,531 Cr
2024₹ 15,547 Cr

Conclusion

This article provides a detail guide about Larsen & Toubro Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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