Larsen & Toubro Limited (L&T) Share growth 2024, market price, investment, returns, financial markets, Larsen & Toubro Limited Share Historical Yearly Growth and Analysis, L&T Share Best Stocks to Invest in India 2024.
Larsen & Toubro Limited (L&T) is one of the largest engineering and construction companies in the world, Founded in 1938 by Henning Holck-Larsen and Søren Kristian Toubro, with a diversified portfolio of businesses that include infrastructure, manufacturing, and financial services. L&T is headquartered in Mumbai, India, and has a presence in over 60 countries.
In Renewable energy sector:
L&T is also well-positioned to benefit from the growth of the renewable energy sector in India. The company has a strong track record in the sector, and is involved in all aspects of the renewable energy value chain, from project development to EPC to O&M. It has a number of renewable energy projects in its portfolio, including solar, wind, and hydro projects. The company is also expanding its presence in the offshore wind and solar energy storage sectors.
L&T is also investing in new technologies to support the growth of the renewable energy sector. For example, the company is developing a new type of solar panel that is more efficient and cheaper than existing solar panels.
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Larsen & Toubro Limited (L&T) Growth & Analysis:
L&T’s stock been on a steady upward trajectory in recent years, and is considered to be a blue-chip stock by many investors. L&T’s share price grow with a compound annual growth rate (CAGR) of 15% over the past five years.
L&T Share Price expected growth in upcoming five years:
Analysts expect Larsen & Toubro Limited’s (L&T) share price to grow at an average rate of 15% annually over the next five years. This positive outlook likely stems from several factors. It could be due to L&T’s strong financial performance, consistent revenue growth, expanding market presence, or successful implementation of strategic initiatives. Additionally, analysts might be factoring in the company’s ability to capitalize on emerging opportunities in its industry, favorable market conditions, or anticipated improvements in the global economy.
Larsen & Toubro Limited (L&T) Share Price Prediction 2025
| Year 2025 | Larsen & Toubro Limited (L&T) Stock Price Prediction 2025 ₹ 4000.02 |
Larsen & Toubro Limited (L&T) Share Price Prediction 2030
| Year 2030 | Larsen & Toubro Limited (L&T) Stock Price Prediction 2030 ₹ 8,000.00 |
Larsen & Toubro Limited (L&T) Share Price Prediction 2040
| Year 2040 | Larsen & Toubro Limited (L&T) Stock Price Prediction 2040 ₹ 15,000.00 |
Larsen & Toubro Limited (L&T) Share Price Prediction 2050
| Year 2050 | Larsen & Toubro Limited (L&T) Stock Price Prediction 2050 ₹ 30,000.00 |
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Top Investors in Larsen & Toubro Limited :
Here are Top 10 Major Investors in L&T:-
| Investor | Country | Shareholding (%) |
|---|---|---|
| LIC of India | India | 13.70 |
| SBI Mutual Fund | India | 4.403 |
| HDFC Mutual Fund | India | 2.77 |
| ICICI Prudential Mutual Fund | India | 2.77 |
| Reliance Mutual Fund | India | 1.81 |
| GIC Pte Ltd. (Investment Management) | Singapore | 3.378 |
| BlackRock Inc. | USA | 2.88 |
| State Street Corporation | USA | 2.48 |
| Fidelity Investments | USA | 2.28 |
| Norges Bank Investment Management | Norway | 2.12 |
The table provides information about major investors in Larsen & Toubro Limited (L&T) along with their respective countries and shareholding percentages.
Latest Investment News About Larsen & Toubro Limited (L&T):
Here are some specific details about L&T’s latest investments
- Investment in green hydrogen: L&T has invested INR 506 crore in L&T Energy Green Tech, a company that is developing green hydrogen projects. The company plans to invest a total of INR 1000 crore in green hydrogen projects over the next five years.
- Investment in renewable energy projects: L&T has invested INR 3000 crore in renewable energy projects in India and overseas. In India, the company has invested in solar, wind, and hydro projects. For example, L&T has won a contract to develop a 100 MW solar project in Gujarat.
- Investment in digital technologies: L&T has invested INR 2000 crore in digital technologies. The company has invested in AI, ML, and big data analytics to improve its operations and customer experience. For example, L&T is using AI to develop predictive maintenance solutions for its equipment.
- Investment in new businesses: L&T has invested INR 500 crore in new businesses, such as electric vehicles, digital healthcare, and aerospace and defense. For example, L&T is developing a new electric vehicle platform.
Larsen & Toubro Limited (L&T) releases his IPO in 2016:
L&T’s IPO was launched in 2016. The company raised INR 12,360 crores through its IPO, which was the largest IPO in India at the time.
L&T’s IPO was listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on July 21, 2016.
L&T’s IPO was a success, and the company’s shares were oversubscribed by over 20 times. This shows that there was strong demand for L&T’s shares from investors.
Official Site Of Larsen & Toubro Limited (L&T)
Some Frequently Asked Questions:
1. What is Larsen & Toubro Limited (L&T)?
Larsen & Toubro Limited, commonly known as L&T, is one of the world’s largest engineering and construction companies, It operates globally, with a presence in over 60 countries.
How has L&T performed in the Renewable Energy Sector?
L&T is a key player in the renewable energy sector in India. The company has shown significant growth, with a 28% increase in its renewable energy business in the financial year 2022-23. L&T is involved in various renewable energy projects, including solar, wind, and hydro, and is expanding its presence in offshore wind and solar energy storage sectors.
When was L&T’s IPO Released?
L&T’s Initial Public Offering (IPO) was launched in 2016, raising INR 12,360 crores. The IPO was oversubscribed by over 20 times, indicating strong demand for L&T’s shares among investors. The shares were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on July 21, 2016.
