Archive · 12 Dec 2025
L&T Shares Rise 3% After Goldman Sachs Upgrade
Larsen & Toubro, a big company in India, saw its shares go up by 3% on December 12, 2025.
This happened because a famous investment company called Goldman Sachs changed its opinion about L&T.
They now think L&T is a good buy and raised their price target for the company's shares.
Goldman Sachs believes L&T is doing well and will keep growing because it has strong projects and is good at managing its money.
They think L&T will make more money in the future, especially in areas like defense, green hydrogen, and nuclear power.
This good news made people want to buy L&T shares, so the price went up.
Larsen & Toubro (L&T) shares rose 3% after Goldman Sachs upgraded the stock to buy.
Goldman Sachs raised its 12-month target price for L&T to ₹5,000 from ₹3,730.
The upgrade reflects L&T's strengthening growth visibility and attractive risk-reward profile.
Goldman Sachs expects L&T to compound revenue at a low double-digit rate and deliver mid-teen profit growth over the next five years.
L&T's shares soared to ₹4,114 in early trade and were at ₹4,076 by 11:55 am.
- Who
- Larsen & Toubro (L&T) and Goldman Sachs
- What
- L&T shares surged 3% after Goldman Sachs upgraded the stock to buy
- When
- December 12, 2025
- Where
- National Stock Exchange (NSE) of India
- Why
- Goldman Sachs revised its view due to L&T's strengthening growth visibility and attractive risk-reward profile
- Company
- Larsen & Toubro (L&T)
- Stock Movement
- 3% increase
- Brokerage
- Goldman Sachs
- New Rating
- Buy
- Target Price
- ₹5,000
- Previous Target Price
- ₹3,730
- Projected Revenue Growth
- Low double-digit rate over 5 years
- Projected Profit Growth
- Mid-teen growth in profit after tax