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": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "3,710.00",
    "chg": -50,
    "chgp": "-1.33%",
    "dir": -1,
    "prev_price": "3,760.00",
    "mcapval": "510,457.04 Cr",
    "mcap": "Large Cap",
    "scripcode": 500510,
    "symbol": "LT",
    "ind_name": "Construction",
    "ind_code": 19,
    "sector_id": 15,
    "indexname": "India SENSEX",
    "isin": "INE018A01030",
    "curr_date": "Oct 01, 12:11 PM",
    "curr_time": "12:30 PM",
    "last_traded_at": "Oct 01, 12:11 PM IST",
    "bse_nse_vol": "8.2 lacs",
    "exc_status": "Active",
    "traded_date": "Oct 01, 2026",
    "traded_date_str": "2026 10 01",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/larsen-toubro-837957-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "P/E at 29.00 vs Industry's 40.27: What the Data Shows for Larsen & Toubro Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-navigating-challenges-amidst-nifty-50-membership-and-institutional-shifts-4210662",
        "imagepath": "",
        "date": "2026-10-01 09:20:49",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount Amidst Sector Premiums</strong></p>\n                <p><a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> trades at a P/E of 29.00, considerably below the construction industry average of 40.27. This 28% discount suggests the market is pricing in either subdued growth expectations or elevated risks relative to peers. The sector’s elevated P/E reflects optimism around infrastructure demand and project pipelines, yet <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> appears to be viewed more cautiously. This valuation gap invites the question — <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" ..."
      },
      {
        "title": "P/E at 28.97 vs Industry's 40.36: What the Data Shows for Larsen & Toubro Ltd.",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-navigating-market-challenges-amidst-nifty-50-membership-4209394",
        "imagepath": "",
        "date": "2026-09-30 09:21:04",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount Amid Sector Premiums</strong></p>\n                <p>The current P/E of 28.97 for <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> stands well below the industry average of 40.36, indicating the stock is trading at a substantial discount relative to its peers in the construction sector. This valuation gap of nearly 11.4 points or 28% suggests the market is pricing in either slower growth prospects or elevated risks compared to the broader industry. Given the company's large-cap status with a market capitalisation of ₹5,16,098 crores, this discount is particularly noteworthy. It raises the question of whether the valuation gap reflects a temporary market inefficiency or a more fundame..."
      },
      {
        "title": "Larsen & Toubro Ltd Sees High-Value Trading Amid Mixed Technical Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-sees-high-value-trading-amid-mixed-technical-signals-4208734",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_most_active_equities_by_value_4208734.png",
        "date": "2026-09-29 13:00:07",
        "description": "Larsen & Toubro Ltd. (LT), a heavyweight in the construction sector, recorded one of the highest value turnovers on 29 September 2026, with over ₹406 crore traded on the NSE. Despite this robust trading activity and a marginal price uptick, the company’s MarketsMOJO Mojo Grade was downgraded from Hold to Sell on 28 September, reflecting growing concerns over its near-term outlook amid sectoral headwinds."
      },
      {
        "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-4207828",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_mojoScore_4207828.png",
        "date": "2026-09-29 08:23:57",
        "description": "Larsen & Toubro Ltd. (L&T), the Indian construction giant and a dominant player in the capital goods sector, has seen its investment rating downgraded from Hold to Sell as of 28 Sep 2026. This shift is primarily driven by deteriorating technical indicators, despite the company’s valuation improving to a very attractive level. A detailed analysis across four key parameters—Quality, Valuation, Financial Trend, and Technicals—provides a comprehensive understanding of this decision."
      },
      {
        "title": "Larsen & Toubro Ltd. Faces Bearish Momentum Amid Technical Downgrade",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-faces-bearish-momentum-amid-technical-downgrade-4207589",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_technicaldot_4207589.png",
        "date": "2026-09-29 08:05:11",
        "description": "Larsen & Toubro Ltd. (L&T), a stalwart in the construction sector, has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. The stock’s recent performance, combined with deteriorating technical parameters, has led to a downgrade in its Mojo Grade from Hold to Sell, reflecting growing investor caution amid broader market pressures."
      },
      {
        "title": "Larsen & Toubro Ltd: Valuation Shifts Signal Renewed Price Attractiveness Amid Market Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-valuation-shifts-signal-renewed-price-attractiveness-amid-market-pressure-4207413",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_valuationdot_4207413.png",
        "date": "2026-09-29 08:01:01",
        "description": "Larsen & Toubro Ltd. (L&T), a stalwart in the Indian construction sector, has witnessed a notable shift in its valuation parameters, moving from an attractive to a very attractive price level. This change comes amid a recent downgrade in its Mojo Grade from Hold to Sell, reflecting a complex interplay between valuation metrics and market sentiment. Investors are now reassessing the stock’s price attractiveness in light of its current multiples, peer comparisons, and historical performance."
      },
      {
        "title": "Larsen & Toubro Ltd Sees Significant Open Interest Surge Amid Market Downturn",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-sees-significant-open-interest-surge-amid-market-downturn-4206827",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_oi_spurts_by_underlying_4206827.png",
        "date": "2026-09-28 15:00:31",
        "description": "Larsen & Toubro Ltd. (LT), a heavyweight in the construction sector, witnessed a notable 12.9% surge in open interest (OI) in its derivatives segment on 28 Sep 2026, despite the stock opening sharply lower by 2.38% and trading below all major moving averages. This sudden increase in OI, coupled with rising volumes, signals a shift in market positioning and potential directional bets among investors amid a broadly declining capital goods sector."
      },
      {
        "title": "Larsen & Toubro Ltd Sees Significant Open Interest Surge Amid Market Downturn",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/larsen-toubro-ltd-sees-significant-open-interest-surge-amid-market-downturn-4206741",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/LarsenToubroLtd_oi_spurts_by_underlying_4206741.png",
        "date": "2026-09-28 14:00:22",
        "description": "Larsen & Toubro Ltd. (LT), a heavyweight in the construction sector, has witnessed a notable 11.5% surge in open interest (OI) in its derivatives segment, signalling heightened market activity despite a 2.28% decline in its share price on 28 Sep 2026. This increase in OI, coupled with rising volumes and shifting investor positioning, offers critical insights into the stock’s near-term directional bets amid a broadly negative market environment."
      },
      {
        "title": "P/E at 29.7 vs Industry's 41.13: 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-4204458",
        "imagepath": "",
        "date": "2026-09-25 09:20:51",
        "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 Premiums</strong></p>\n                <p><a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> trades at a P/E multiple of 29.7, which is approximately 28% below the construction industry average of 41.13. This discount suggests that the market is pricing in either a more cautious outlook on the company’s earnings growth or perceives higher risks relative to its peers. The industry’s elevated P/E ratio reflects optimism about future earnings growth in construction, but <a href=\"https://www.marketsmojo.com/stocks-analysis/larsen-&-toubro-837957-0\" class=\"stk\">Larsen & Toubro Ltd.</a> appears to be viewed more conservatively. <a href=\"https://www.marketsmojo.com/stocks-analy..."
      }
    ],
    "total": 1588,
    "sid": "837957",
    "stock_news_url": "https://www.marketsmojo.com/news/larsen-toubro-837957"
  },
  "announcements": [
    {
      "details": "Larsen & Toubro Limited has informed the Exchange regarding 'Change of name of our Registrar & Transfer Agent (RTA) from Karvy Fintech Private Limited to KFin Technologies Private Limited.",
      "source": "NSE",
      "caption": "Larsen & Toubro Limited - Updates",
      "datetime": "09-Dec-2019"
    },
    {
      "details": "Larsen & Toubro Limited has submitted to the Exchange a copy of Compliance under Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( LODR Regulations ) .",
      "source": "NSE",
      "caption": "Larsen & Toubro Limited - Other General Purpose",
      "datetime": "21-Nov-2019"
    },
    {
      "details": "Larsen & Toubro Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "Larsen & Toubro Limited - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "06-Nov-2019"
    }
  ],
  "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 29.00 vs Industry's 40.27: What the Data Shows for Larsen & Toubro Ltd.

2026-10-01 09:20:49

Valuation Picture: Discount Amidst Sector Premiums

Larsen & Toubro Ltd. trades at a P/E of 29.00, considerably below the construction industry average of 40.27. This 28% discount suggests the market is pricing in either subdued growth expectations or elevated risks relative to peers. The sector’s elevated P/E reflects optimism around infrastructure demand and project pipelines, yet Larsen & Toubro Ltd. appears to be viewed more cautiously. This valuation gap invites the question — Read full news article

P/E at 28.97 vs Industry's 40.36: What the Data Shows for Larsen & Toubro Ltd.

2026-09-30 09:21:04

Valuation Picture: Discount Amid Sector Premiums

The current P/E of 28.97 for Larsen & Toubro Ltd. stands well below the industry average of 40.36, indicating the stock is trading at a substantial discount relative to its peers in the construction sector. This valuation gap of nearly 11.4 points or 28% suggests the market is pricing in either slower growth prospects or elevated risks compared to the broader industry. Given the company's large-cap status with a market capitalisation of ₹5,16,098 crores, this discount is particularly noteworthy. It raises the question of whether the valuation gap reflects a temporary market inefficiency or a more fundame...

Read full news article

Larsen & Toubro Ltd Sees High-Value Trading Amid Mixed Technical Signals

2026-09-29 13:00:07

Larsen & Toubro Ltd. (LT), a heavyweight in the construction sector, recorded one of the highest value turnovers on 29 September 2026, with over ₹406 crore traded on the NSE. Despite this robust trading activity and a marginal price uptick, the company’s MarketsMOJO Mojo Grade was downgraded from Hold to Sell on 28 September, reflecting growing concerns over its near-term outlook amid sectoral headwinds.

Read full news article

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

2026-09-29 08:23:57

Larsen & Toubro Ltd. (L&T), the Indian construction giant and a dominant player in the capital goods sector, has seen its investment rating downgraded from Hold to Sell as of 28 Sep 2026. This shift is primarily driven by deteriorating technical indicators, despite the company’s valuation improving to a very attractive level. A detailed analysis across four key parameters—Quality, Valuation, Financial Trend, and Technicals—provides a comprehensive understanding of this decision.

Read full news article

Larsen & Toubro Ltd. Faces Bearish Momentum Amid Technical Downgrade

2026-09-29 08:05:11

Larsen & Toubro Ltd. (L&T), a stalwart in the construction sector, has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. The stock’s recent performance, combined with deteriorating technical parameters, has led to a downgrade in its Mojo Grade from Hold to Sell, reflecting growing investor caution amid broader market pressures.

Read full news article

Larsen & Toubro Ltd: Valuation Shifts Signal Renewed Price Attractiveness Amid Market Pressure

2026-09-29 08:01:01

Larsen & Toubro Ltd. (L&T), a stalwart in the Indian construction sector, has witnessed a notable shift in its valuation parameters, moving from an attractive to a very attractive price level. This change comes amid a recent downgrade in its Mojo Grade from Hold to Sell, reflecting a complex interplay between valuation metrics and market sentiment. Investors are now reassessing the stock’s price attractiveness in light of its current multiples, peer comparisons, and historical performance.

Read full news article

Larsen & Toubro Ltd Sees Significant Open Interest Surge Amid Market Downturn

2026-09-28 15:00:31

Larsen & Toubro Ltd. (LT), a heavyweight in the construction sector, witnessed a notable 12.9% surge in open interest (OI) in its derivatives segment on 28 Sep 2026, despite the stock opening sharply lower by 2.38% and trading below all major moving averages. This sudden increase in OI, coupled with rising volumes, signals a shift in market positioning and potential directional bets among investors amid a broadly declining capital goods sector.

Read full news article

Larsen & Toubro Ltd Sees Significant Open Interest Surge Amid Market Downturn

2026-09-28 14:00:22

Larsen & Toubro Ltd. (LT), a heavyweight in the construction sector, has witnessed a notable 11.5% surge in open interest (OI) in its derivatives segment, signalling heightened market activity despite a 2.28% decline in its share price on 28 Sep 2026. This increase in OI, coupled with rising volumes and shifting investor positioning, offers critical insights into the stock’s near-term directional bets amid a broadly negative market environment.

Read full news article

P/E at 29.7 vs Industry's 41.13: What the Data Shows for Larsen & Toubro Ltd.

2026-09-25 09:20:51

Valuation Picture: Discount Amidst Industry Premiums

Larsen & Toubro Ltd. trades at a P/E multiple of 29.7, which is approximately 28% below the construction industry average of 41.13. This discount suggests that the market is pricing in either a more cautious outlook on the company’s earnings growth or perceives higher risks relative to its peers. The industry’s elevated P/E ratio reflects optimism about future earnings growth in construction, but Larsen & Toubro Ltd. appears to be viewed more conservatively. Read full news article

View All News