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    Buy Larsen & Toubro, target price Rs 1760: ICICI Securities

    Synopsis

    Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 213267.68 Crore) operating in Construction sector.

    Promoters held 0 per cent stake in the company as of March 31, 2021, while FIIs held 22.4 per cent, DIIs 32.8 per cent and public and others 44.8 per cent.
    ICICI Securities has buy call on Larsen & Toubro with a target price of Rs 1760. The current market price of Larsen & Toubro Ltd. is Rs 1510.3. Time period given by analyst is one year when Larsen & Toubro Ltd. price can reach defined target.

    Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 213267.68 Crore) operating in Construction sector.

    Financials
    For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 49116.16 Crore, up 33.97 % from last quarter Total Income of Rs 36661.08 Crore and up 9.38 % from last year same quarter Total Income of Rs 44905.76 Crore. Company reported net profit after tax of Rs 3536.19 Crore in latest quarter.

    Did you Know?

    Stock score of Larsen & Toubro Ltd moved up by 1 in a week on a 10-point scale.

    View Latest Stock Report »

    Promoter/FII Holdings
    Promoters held 0 per cent stake in the company as of March 31, 2021, while FIIs held 22.4 per cent, DIIs 32.8 per cent and public and others 44.8 per cent.
    (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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