Larsen & Toubro

{
  "main_header": {
    "sid": 837957,
    "name": "Larsen & Toubro",
    "stock_name": "Larsen & Toubro",
    "full_name": "Larsen & Toubro Ltd.",
    "name_url": "stocks-analysis/larsen-toubro",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "3,927.75",
    "chg": 57.75,
    "chgp": "1.49%",
    "dir": 1,
    "prev_price": "3,870.00",
    "mcapval": "540,417.15 Cr",
    "mcap": "Large Cap",
    "scripcode": 500510,
    "symbol": "LT",
    "ind_name": "Construction",
    "ind_code": 19,
    "sector_id": 15,
    "indexname": "India SENSEX",
    "isin": "INE018A01030",
    "curr_date": "Sep 23, 11:58 AM",
    "curr_time": "11:59 AM",
    "last_traded_at": "Sep 23, 11:58 AM IST",
    "bse_nse_vol": "3.98 lacs",
    "exc_status": "Active",
    "traded_date": "Sep 23, 2026",
    "traded_date_str": "2026 09 23",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/larsen-toubro-837957-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
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  },
  "news": {
    "results": [
      {
        "title": "P/E at 29.89 vs Industry's 41.49: What the Data Shows for Larsen & Toubro Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-navigating-nifty-50-membership-and-institutional-shifts-4201951",
        "imagepath": "",
        "date": "2026-09-23 09:21:21",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount to Industry P/E</strong></p>\n                <p>The current P/E of 29.89 for <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> represents a discount of approximately 28% relative to the sector average of 41.49. This valuation gap suggests the market is pricing in either a more cautious outlook on the company's earnings growth or a premium being assigned to other sector peers. The construction industry, known for cyclical swings, currently exhibits a relatively high average P/E, reflecting optimism in certain segments. The discount on <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> may indicate perceived risks or a mor..."
      },
      {
        "title": "Larsen & Toubro Ltd. Upgraded to Hold: A Detailed Analysis of Quality, Valuation, Financial Trend, and Technicals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/larsen-toubro-ltd-upgraded-to-hold-a-detailed-analysis-of-quality-valuation-financial-trend-and-technicals-4200598",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_mojoScore_4200598.png",
        "date": "2026-09-22 08:23:19",
        "description": "Larsen & Toubro Ltd. (L&T), a stalwart in the construction sector, has seen its investment rating upgraded from Sell to Hold as of 21 September 2026. This shift reflects nuanced improvements across four critical parameters: quality, valuation, financial trend, and technicals. While the company continues to face challenges in quarterly performance, its long-term fundamentals and market positioning have prompted a reassessment of its investment appeal."
      },
      {
        "title": "P/E at 29.8 vs Industry's 41.5: What the Data Shows for Larsen & Toubro Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-navigating-nifty-50-membership-amid-mixed-market-signals-4199306",
        "imagepath": "",
        "date": "2026-09-21 09:21:01",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount Amidst Industry Premium</strong></p>\n                <p>The current P/E of 29.81 for <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> represents a discount of approximately 28% relative to the industry's 41.54. This valuation gap suggests the market is pricing in either a more cautious outlook on the company's earnings growth or reflecting sector-specific headwinds. The construction industry, known for cyclical swings, currently exhibits a high average P/E, driven by select high-growth players. In contrast, <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a>'s more moderate valuation may indicate tempered expectations or..."
      },
      {
        "title": "Larsen & Toubro Ltd Falls 1.40%: 4 Key Factors Driving the Weekly Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-falls-140-4-key-factors-driving-the-weekly-decline-4198294",
        "imagepath": "",
        "date": "2026-09-19 15:01:09",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>15 Sep:</strong> Stock opens at Rs.3,850.00, declines 1.66% amid broad market weakness</p>\n                    <p><strong>16 Sep:</strong> Further technical deterioration noted; stock falls to Rs.3,819.50 (-0.79%)</p>\n                    <p><strong>17 Sep:</strong> Downgrade to Sell rating by MarketsMOJO; valuation shifts to very attractive</p>\n                    <p><strong>18 Sep:</strong> Mild technical recovery signals; stock closes at Rs.3,860.00 (+0.78%)</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\">\n                        <div class=\"stat-label\">Week Open</div>\n                        <div class=\"stat-value\">..."
      },
      {
        "title": "Larsen & Toubro Ltd. Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-technical-momentum-shifts-amid-mixed-market-signals-4196745",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_technicaldot_4196745.png",
        "date": "2026-09-18 08:03:22",
        "description": "Larsen & Toubro Ltd. (L&T), a stalwart in the construction sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bearish and mildly bullish signals across key indicators. Despite a recent downgrade in its Mojo Grade from Hold to Sell, the stock’s long-term performance remains robust, though short-term technicals suggest caution for investors navigating the current market environment."
      },
      {
        "title": "Larsen & Toubro Ltd. Downgraded to Sell Amid Technical Weakness and Flat Financials",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/larsen-toubro-ltd-downgraded-to-sell-amid-technical-weakness-and-flat-financials-4195755",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_mojoScore_4195755.png",
        "date": "2026-09-17 08:13:32",
        "description": "Larsen & Toubro Ltd. (L&T), the heavyweight in India’s construction sector, has seen its investment rating downgraded from Hold to Sell as of 16 September 2026. This shift reflects a complex interplay of deteriorating technical indicators, flat recent financial performance, and a cautious outlook despite the company’s very attractive valuation metrics and strong long-term fundamentals."
      },
      {
        "title": "Larsen & Toubro Ltd. Technical Momentum Shifts Amid Bearish Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-technical-momentum-shifts-amid-bearish-signals-4195611",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_technicaldot_4195611.png",
        "date": "2026-09-17 08:03:23",
        "description": "Larsen & Toubro Ltd. (L&T), a stalwart in the Indian construction sector, has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. The company’s current market dynamics, combined with its recent downgrade to a Sell rating by MarketsMOJO, reflect growing caution among investors amid mixed technical signals and subdued price performance relative to benchmarks."
      },
      {
        "title": "Larsen & Toubro Ltd: Valuation Shifts Signal Renewed Price Attractiveness Amid Sector Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-valuation-shifts-signal-renewed-price-attractiveness-amid-sector-challenges-4195513",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_valuationdot_4195513.png",
        "date": "2026-09-17 08:01:10",
        "description": "Larsen & Toubro Ltd. (L&T), a stalwart in the Indian construction sector, has witnessed a significant shift in its valuation parameters, moving from an attractive to a very attractive price level. This change, reflected in key metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, offers investors a fresh perspective on the stock’s price attractiveness amid a challenging market backdrop."
      },
      {
        "title": "P/E at 29.73 vs Industry's 40.62: What the Data Shows for Larsen & Toubro Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-navigating-market-headwinds-amidst-nifty-50-membership-4194621",
        "imagepath": "",
        "date": "2026-09-16 09:20:57",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount to Industry P/E</strong></p>\n                <p>The current P/E of <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> stands at 29.73, considerably below the construction industry average of 40.62. This represents roughly a 27% discount to the sector multiple, suggesting the market is pricing in either subdued growth expectations or elevated risks relative to peers. Such a valuation gap is notable given the company’s stature as a large-cap with a market capitalisation of ₹5,31,792.88 crores. The discount may reflect recent performance trends or sector-specific headwinds, but it also raises the question of whether the stock is undervalued relative to its fundamentals — <a href=\"https://..."
      }
    ],
    "total": 1578,
    "sid": "837957",
    "stock_news_url": "https://www.marketsmojo.com/news/larsen-toubro-837957"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "18-Sep-2026",
      "details": "L&T Semiconductor Technologies Unveils 40 Products at SEMICON 2026",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Credit Rating",
      "datetime": "17-Sep-2026",
      "details": "Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - ESG Credit Rating",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "16-Sep-2026",
      "details": "Schedule of Analyst / Institutional Investors Meet",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Larsen & Toubro Ltd. has declared <strong>1700%</strong> dividend, ex-date: 03 Jun 25",
          "dt": "2025-06-03",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Larsen & Toubro Ltd. has announced <strong>1:2</strong> bonus issue, ex-date: 13 Jul 17",
          "dt": "2017-07-13",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

P/E at 29.89 vs Industry's 41.49: What the Data Shows for Larsen & Toubro Ltd.

2026-09-23 09:21:21

Valuation Picture: Discount to Industry P/E

The current P/E of 29.89 for Larsen & Toubro Ltd. represents a discount of approximately 28% relative to the sector average of 41.49. This valuation gap suggests the market is pricing in either a more cautious outlook on the company's earnings growth or a premium being assigned to other sector peers. The construction industry, known for cyclical swings, currently exhibits a relatively high average P/E, reflecting optimism in certain segments. The discount on Larsen & Toubro Ltd. may indicate perceived risks or a mor...

Read full news article

Larsen & Toubro Ltd. Upgraded to Hold: A Detailed Analysis of Quality, Valuation, Financial Trend, and Technicals

2026-09-22 08:23:19

Larsen & Toubro Ltd. (L&T), a stalwart in the construction sector, has seen its investment rating upgraded from Sell to Hold as of 21 September 2026. This shift reflects nuanced improvements across four critical parameters: quality, valuation, financial trend, and technicals. While the company continues to face challenges in quarterly performance, its long-term fundamentals and market positioning have prompted a reassessment of its investment appeal.

Read full news article

P/E at 29.8 vs Industry's 41.5: What the Data Shows for Larsen & Toubro Ltd.

2026-09-21 09:21:01

Valuation Picture: Discount Amidst Industry Premium

The current P/E of 29.81 for Larsen & Toubro Ltd. represents a discount of approximately 28% relative to the industry's 41.54. This valuation gap suggests the market is pricing in either a more cautious outlook on the company's earnings growth or reflecting sector-specific headwinds. The construction industry, known for cyclical swings, currently exhibits a high average P/E, driven by select high-growth players. In contrast, Larsen & Toubro Ltd.'s more moderate valuation may indicate tempered expectations or...

Read full news article

Larsen & Toubro Ltd Falls 1.40%: 4 Key Factors Driving the Weekly Decline

2026-09-19 15:01:09

Key Events This Week

15 Sep: Stock opens at Rs.3,850.00, declines 1.66% amid broad market weakness

16 Sep: Further technical deterioration noted; stock falls to Rs.3,819.50 (-0.79%)

17 Sep: Downgrade to Sell rating by MarketsMOJO; valuation shifts to very attractive

18 Sep: Mild technical recovery signals; stock closes at Rs.3,860.00 (+0.78%)

Week Open

...

Read full news article

Larsen & Toubro Ltd. Technical Momentum Shifts Amid Mixed Market Signals

2026-09-18 08:03:22

Larsen & Toubro Ltd. (L&T), a stalwart in the construction sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bearish and mildly bullish signals across key indicators. Despite a recent downgrade in its Mojo Grade from Hold to Sell, the stock’s long-term performance remains robust, though short-term technicals suggest caution for investors navigating the current market environment.

Read full news article

Larsen & Toubro Ltd. Downgraded to Sell Amid Technical Weakness and Flat Financials

2026-09-17 08:13:32

Larsen & Toubro Ltd. (L&T), the heavyweight in India’s construction sector, has seen its investment rating downgraded from Hold to Sell as of 16 September 2026. This shift reflects a complex interplay of deteriorating technical indicators, flat recent financial performance, and a cautious outlook despite the company’s very attractive valuation metrics and strong long-term fundamentals.

Read full news article

Larsen & Toubro Ltd. Technical Momentum Shifts Amid Bearish Signals

2026-09-17 08:03:23

Larsen & Toubro Ltd. (L&T), a stalwart in the Indian construction sector, has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. The company’s current market dynamics, combined with its recent downgrade to a Sell rating by MarketsMOJO, reflect growing caution among investors amid mixed technical signals and subdued price performance relative to benchmarks.

Read full news article

Larsen & Toubro Ltd: Valuation Shifts Signal Renewed Price Attractiveness Amid Sector Challenges

2026-09-17 08:01:10

Larsen & Toubro Ltd. (L&T), a stalwart in the Indian construction sector, has witnessed a significant shift in its valuation parameters, moving from an attractive to a very attractive price level. This change, reflected in key metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, offers investors a fresh perspective on the stock’s price attractiveness amid a challenging market backdrop.

Read full news article

P/E at 29.73 vs Industry's 40.62: What the Data Shows for Larsen & Toubro Ltd.

2026-09-16 09:20:57

Valuation Picture: Discount to Industry P/E

The current P/E of Larsen & Toubro Ltd. stands at 29.73, considerably below the construction industry average of 40.62. This represents roughly a 27% discount to the sector multiple, suggesting the market is pricing in either subdued growth expectations or elevated risks relative to peers. Such a valuation gap is notable given the company’s stature as a large-cap with a market capitalisation of ₹5,31,792.88 crores. The discount may reflect recent performance trends or sector-specific headwinds, but it also raises the question of whether the stock is undervalued relative to its fundamentals — Read full news article

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