Archive · 29 Jul 2026
L&T Shares Surge Amid Bullish Brokerage Ratings
Larsen & Toubro's shares went up by 3.8% after they shared their quarterly earnings.
Even though there are some problems in West Asia, the company did better than expected.
Two big financial companies, Motilal Oswal and JM Financial, think the company will keep doing well.
They both said to buy the stock, but they have slightly different ideas about how high the price could go.
The company has a lot of big projects coming up, which should help it grow in the future.
L&T shares surged 3.8% to Rs 3,978.20 on NSE after Q1FY27 earnings.
Motilal Oswal raised price target to Rs 4,550, implying 19% upside.
JM Financial reduced price target to Rs 4,640, implying 21% upside.
Both brokerages maintained 'Buy' ratings citing resilient performance.
L&T's order pipeline for FY27 is strong at Rs 15 lakh crore.
- Who
- Larsen & Toubro (L&T)
- What
- Shares surged 3.8% after reporting Q1FY27 earnings.
- When
- Q1FY27 earnings reported.
- Where
- India (NSE)
- Why
- Resilient performance and strong order pipeline despite West Asia headwinds.
Motilal Oswal
JM Financial
Price Target
Motilal Oswal
Raised price target to Rs 4,550 from Rs 4,500, implying an upside of over 19%.
JM Financial
Reduced price target to Rs 4,640 from Rs 4,700, implying an upside of 21%.
- Current Share Price
- Rs 3,978.20
- Price Target (Motilal Oswal)
- Rs 4,550
- Price Target (JM Financial)
- Rs 4,640
- Q1FY27 Revenue Growth
- 3% YoY
- Q1FY27 Core EPC Margin
- 7.6%
- Prospect Pipeline for FY27
- Rs 15 lakh crore
- Order Inflow Growth Guidance
- 10-12%
- EBITDA CAGR (FY26-28)
- Over 16%