Price Update: L&T’s stock price rose today, closing at ₹3485.2, up 1.53% from yesterday’s ₹3432.8. It’s important for investors to keep an eye on L&T’s stock in the coming days.

Snapshot of L&T Stock Price Today:

  • Daily Performance: L & T’s stock opened and closed at ₹3432.8, with a high of ₹3475.8 and a low of ₹3370.
  • Market Cap: It stood at ₹475484.13 crore, with a 52-week high of ₹3859.65 and a low of ₹2163.77.
  • Trading Activity: The BSE volume for the day was 78796 shares traded.

Insights into Shareholding:

  • L&T has a 17.44% MF holding and a 24.33% FII holding.
  • Recent trends show a slight decrease in both MF and FII holdings.

Financial Performance Highlights:

  • ROE was 12.19% in the latest fiscal year, with an ROI of 8.37%.
  • Future projections suggest an increase in ROE for the current and upcoming fiscal years.

Analyst Ratings and Projections:

  • Analyst consensus rates L&T as a Buy, with a median price target of ₹4051.0.
  • Target estimates range from ₹1874.0 to ₹4410.0 over the next year.

Comparison with Peers and Market Trends:

  • While L & T’s stock rose, peers like DLF and Indus Towers saw mixed results.
  • Benchmark indices Nifty and Sensex remained relatively stable.

Future Outlook and Trading Analysis:

  • Futures trading suggests potential positive movement.
  • Support and resistance levels provide guidance for traders.

Today’s analysis offers valuable insights for investors and traders, aiding in decision-making and capitalizing on market opportunities.