Are you thinking to know about Larsen & Toubro Ltd’s share price target for the oncoming years 2022, 2023, 2024, 2025, and 2030? You are in right place.
Larsen & Toubro Ltd is an engineering and construction company. It has a huge market cap of ₹2,72,052.04 Cr. and a great brand value.
I know you are thinking to invest in it but you don’t have sufficient information about it. Don’t worry after reading this article you will get all information about LT Ltd’s future target prediction and its analysis.
Larsen and Toubro is a multinational company that deals in the field of engineering construction, manufacturing, technology, and financial services. As of 2022 Larsen and Toubro collaborate with 118 subsidiaries across the field of construction, information technology, and financial services. Larsen and Toubro were set up by two Danish engineers who came to India as a refuge. The present CEO of Larsen and Toubro is Mr. S.N. Subrahmanyam.
Larsen & Toubro Ltd Quarterly Report Analysis
In the June quarter of the financial year 2021, Company made net sales of around Rs.16,607.86 Cr. and made a profit of around Rs.1,009.48 Cr. after giving all the taxes. In the September quarter of the financial year, 2021 company made sales of Rs.17,061 Cr. and make a profit of around Rs.2,025.44 Cr. And in the December quarter of the same year that is 2021 company made sales of Rs.21,551.54 Cr. and make a profit of Rs.1,670.84 Cr. After paying all the taxes as govt. norms we can see increasing in the profit amount from last quarter which is a good sign for a specific company and tell us about the present strength of the company that how they rule the market in a specific sector.
In the March quarter of 2022 company made sales of around Rs.37,439.22 Cr. and make a profit of about Rs.2,901.15 Cr. which is pretty much higher than compared to other quarter when we go behind that reason we find Larsen and Toubro invest their profit amount of previous quarter in purchasing new technologies which help them to grow their business more efficiently. In the June quarter of the year, 2022 company make sales of around Rs.20,211.69 Cr. Making a profit after paying tax is about Rs.911.22 Cr.
Larsen & Toubro Ltd Annual Report Analysis
The company makes net sales of Rs.65,723.86 Cr. in 2017 till the month of March by which they make a profit of around Rs.5,453.74 Cr. In the following year which is 2018, till the month of march the company makes net sales of about Rs.74,462.55 Cr. by which they make a profit of about Rs.5,387.30 Cr. after paying all the taxes to government bodies.
In the year 2019, till the Month of March Company make net sales of around Rs.87,217.98 Cr. by which the company made a profit of about Rs.7,491.39 Cr. In the following year 2020 till the month of March, they make sales of Rs.86,940.99 Cr. by which the company made a profit of about Rs.6,679.21 Cr. In the Year 2021, till the month of March Company’s net sales of around Rs.74,578.33 Cr. by which they made a profit of Rs.11,336.97 Cr. after paying all the taxes.
LT Ltd increases its sales year by year and in the annual result of March 2022, it has made Rs.1,01,000.41 Cr. of sales and Rs.7,879.45 Cr. of profit.
Larsen & Toubro Ltd is good in the fundamental analysis as you read above. Here we are trying to predict a possible target which the shares of Larsen and Toubro can cross in the upcoming years to come.
|Year||Target Of Larsen & Toubro|
For the year 2022, we try to predict two possible targets which they can surpass easily first is around Rs.2,050 and the second target which we can possibly find in the same year is around Rs.2,230 as we all can see what I predict for the second possible target for 2022 is pretty much lower than first and it will happen because the share price of Larsen and Toubro will show some downfall movement. We predict all these target levels on the basis of a Fibonacci retracement, support, and resistance.
We can predict first share price target for the year 2023 is around Rs.2,570 then as every stock price after attaining its high will show some downtrend after they again show positive movement in the same year and go uptrend and we can predict the second possible target which they can beat is about Rs.2,890.
For the year 2024, we can predict a possible target which the shares of Larsen and Toubro will beat easily first is around Rs.3,350 and the second is about Rs.3,780 as I told earlier company share prices will always be in a positive move in the future and share prices of this company share are increasing day by day in upcoming years.
In the year 2025 we can set the first possible target which they can attain is about Rs.4,100 and after attaining these values they show some negative movement and share prices of this company go down for while and after some time in that same year they will again show uptrend and we can predict second possible target which they can cross is around Rs.4,550.
By the end of this decade, Larsen and Toubro will be the highest revenue-generating company in India and Company collaboration with other ventures will help them in a long run. So we predict the first possible target which they can attain in the year 2030 is around Rs.8,650 and the second possible target that they can cross by the end of this decade is about Rs.12,500.
In this article, We have done a detailed analysis of Larsen and Toubro. We tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this article, I am going to tell you why you need to think about investing in the shares of Larsen and Toubro for a good return in the future.
- Extensive employee training.
- Waste management.
- Better infrastructure.
- Recent association with ISRO, Hydrated Metro.
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I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.