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

L&T is headquartered in Mumbai, India, and has a presence in over 60 countries

L&T’s share price is INR 3023.55 and it is considered to be a blue-chip stock by many investors

L&T’s net income for the quarter was INR 24.93 billion, showing a substantial improvement from INR 17.02 billion

Financials

Analysts expect Larsen & Toubro Limited’s (L&T) share price to grow at an average rate of 15% annually

Total Market Capitalization of Larsen & Toubro Limited (L&T) 2023

The total market capitalization of L&T is INR 424.78 billion, this is approx $10.88 billion.

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

Moneyjugaad.com

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