Here, we also help you to predict the share price target of Larsen and Toubro Infotech Ltd. for future years after analyzing different criteria and terms which help you to make the decision that whether the investment in the share of this company is a thing of profit or loss.

Larsen and Toubro Infotech Ltd. is an Indian IT solutions Company which were founded in December 1996 in Mumbai. The present CEO of this Company is Sanjay Jalona. NASSCOM ranked this IT Company as the sixth largest Indian IT services and solution company in terms of export revenues. The company provides its services in the field of Digital and automation solutions, IT service management, IT consulting. The Company has total equity of around Rs.5289Cr. at the end of the financial year 2020.

According to the chart which is attached above technical analysis of Larsen and Toubro Infotech price growth of LTI is very accelerative or bullish. Breakout of 1/1 gan fan resistance line a very bullish breakout of lifetime high resistance level so we can predict the short-term trend for the shares of Larsen and Toubro is very positive and in an uptrend and its long term trend is also positive and in an uptrend.

Here we are trying to predict a possible target which the shares of Larsen and Toubro Infotech can cross in the upcoming years to come. Our prediction is based upon different tools and terms which include Fibonacci retracement, support, and resistance. So, here we go with our possible targets for the upcoming years which are attached below.

In the next year which is the Year 2022 we will try to predict or select three share price targets for the shares of Larsen and Toubro Infotech with the help of charts so we can predict the first share price target for the shares of this Company is about Rs.6538 and second share price target for the shares of this company is around Rs.7932 for the year 2022 and as we told earlier for the year 2022 we will try to predict three share price target so our third share price target for the share of Larsen and Toubro infotech is around Rs.9775.

For the year 2023, we again try to predict two possible share price targets for the shares of Larsen and Toubro Infotech so the first share price target for the shares of this company is to find it around Rs.11827 and the second possible share price target for the shares of Larsen and Toubro Infotech is revolve around Rs.13292 for the year 2023.

For the year 2024, we will try to predict two possible shares price targets for the shares of Larsen and Toubro Infotech Ltd. so as we told in our technical analysis that its long term prediction is positive and in an uptrend which is also reflected by the share price target for the future years the first possible target which they can find in the year 2024 is about Rs.15093 and a second possible target for the shares of this company is around Rs.17145.

For the year 2025, the Share price target of Larsen and Toubro Infotech will reach 3 times the share price target which we targeted for the year 2022 so the first possible share price target for shares of Larsen and Toubro which they can find it around Rs.18611.60 and the second possible share price target for the shares of Larsen and Toubro can revolve it around Rs.20412.40.

At the end of this decade, the Share price of Larsen and Toubro Infotech will be nearly nine times what we predicted as a share price target in the year 2022 because Larsen and Toubro Infotech presently listed in top 5 IT company in India and also have a global presence in the world market so the first possible target for the share of this company find it around Rs.52993 and a second possible target for the shares of this company at the end of this decade is around Rs.73222.

In the June quarter of the financial year 2020, Company made net sales of around Rs.2764.60cr. and made a net profit of around Rs.397cr. after giving all the taxes. In the September quarter of the financial year, 2020 Larsen and Toubro Infotech made net sales of Rs.2799.40cr. and make a profit of around Rs.429.80cr. after paying all the taxes and in the December quarter of the same year that is 2020 company made net sales of Rs.2965.50cr. and make profit out of it Rs.494.20cr. after paying all the taxes according to govt. norms as we can see increasing in the profit amount from last quarter which tells us how good company performed in last few quarters of the financial year 2020.

In the March quarter of 2021 company made net sales of around Rs.3033.10cr. and make a profit out of about Rs.466.40cr. which is pretty much less than as compared to other quarter when we go behind the reason behind that we find Larsen and Toubro Infotech invest their profit amount of previous quarter in purchasing new technologies which will help them to grow their business more efficiently and help them to list in top 3 IT company In India and help him to find a global stage for their products and services. In the June quarter of the year, 2021 Larsen and Toubro Infotech made net sales of around Rs.3173.40cr. make a profit after paying all the taxes is about Rs.575.80cr.according to sector norms.

As the data are given at ticker.finology.in here we try to tell you how the company which is Larsen and Toubro Infotech Ltd. that how they performed in last 5 years with help of their net sales and net profit for the same year if you find any mismatch of data from their official site we will not be responsible for it.

The company made net sales of Rs.6182.90cr.in 2017 till the month of March by which they make a net profit of around Rs.937.60cr.after paying all the taxes according to sector norms. In the following year which is 2018, till the month of March the company made net sales of about Rs.6906.40cr.by which they make a net profit of about Rs.1160.10cr. after paying all the taxes to government bodies and sector resemblance.

In the year 2019, till the Month of March Company made net sales of around Rs.8907.20cr.by which the company made a net profit of about Rs.1475.10cr. In the following year, 2020 till the month of March Company made net sales of Rs.10184.20cr.by which the company made a net profit of about Rs.1475.10cr. after paying all the taxes. In the Year 2021, till the month of March Larsen and Toubro Infotech made net sales of around Rs.10184.20cr by which they made a profit of Rs.1552.40cr. after paying all the taxes according to government norms and sector resemblance.

In this artical, We have done a detailed analysis of Larsen and Toubro Infotech. We were tried to include every aspect in our article which is really essential to know before investing in any specific company shares.

Before ending this artical, I am going to tell you why you need to think about investing in the shares of Larsen and Toubro Infotech for a good return in the future.

1.     1.       Diverse revenue stream.
2.       Strong Financial.
3.       Strong customer base.
4.       Global presence.

If you find this artical helpful to you. Please share this article with your friends and family member and do not forget to share this article on your social media platform too and help us to reach millions of people and emerge as the best website for investment.