Are you searching for the Larsen And Toubro Infotech Share Price Target for 2022, 2023, 2024, 2025, And 2030? so it is a most useful article for you because about this share I tried to tell very easily which is a major points of this share like technical analysis, fundamental analysis, financial stats, strengths, and limitations so that you must know overall.
Larsen and Toubro Infotech Ltd are 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, and IT consulting. The Company has total equity of around Rs.5289Cr. at the end of the financial year 2020.
Larsen And Toubro Infotech Ltd Quarterly Report Analysis
LTI in the June quarter of the financial year June 2021, Company made net sales of around Rs.3,173.40 Cr. and made a profit after tax of around Rs.575.70 Cr. after giving all the taxes. In the September quarter of the financial year, 2021 Larsen and Toubro Infotech made net sales of Rs.3,426.70 Cr. and make a profit after tax of around Rs.496.80 Cr. after paying all the taxes, and in the December quarter of the same year that is 2021 company made net sales of Rs.3,842.80 Cr. and make a profit after tax out of it Rs.589.20 Cr. 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 the company performed in the last few quarters of the financial year 2020.
In the March quarter of 2022 company made net sales of around Rs.3,963.50 Cr. and make a profit of about Rs.599.20 Cr. which is pretty much less than compared to other quarter when we go behind the reason behind that we find LTI invested 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, 2022 LTI made net sales of around Rs.4,216.70 Cr. Making a profit after paying all the taxes is about Rs.599.30 Cr. according to sector norms.
Larsen And Toubro Infotech Ltd Annual Report Analysis
The company made net sales of Rs.6,906.40 Cr. in 2018 till the month of March by which they make a net profit of around Rs.1,160.10 Cr. after paying all the taxes according to sector norms. In the following year which is 2019, till the month of March the company made net sales of about Rs.8,907.20 Cr. by which they make a net profit of about Rs.1,475.10 Cr. after paying all the taxes to government bodies and sector resemblance.
In the year 2020, till the Month of March Company made net sales of around Rs.10,184.20 Cr. by which the company made a net profit of about Rs.1,552.40 Cr. In the following year, 2021 till the month of March Company made net sales of Rs.11,566.10 Cr. by which the company made a net profit of about Rs.1,788.40 Cr. after paying all the taxes. In the Year 2022, till the month of March LTI made net sales of around Rs.14,406.40 Cr. by which they made a profit of Rs.2,260.90 Cr. after paying all the taxes according to government norms and sector resemblance.
Larsen And Toubro Ltd Balance Sheet Report Analysis
In the following year, 2018 Company invested around Rs.295.90 Cr. and the Current Assets of LTI are about Rs.3,954.20 Cr. and total assets of that company available at that time in 2018 is around Rs.4,827 Cr. In the year 2019 LTI Ltd invested around Rs.519.80 Cr. and Current Assets of Larsen and Toubro Infotech are about Rs.4,840.50 Cr. and total assets of that company available at that time is around Rs.6,070.20 Cr.
In 2020 Company invested around Rs.655 Cr. and the Current Assets of Larsen and Toubro Infotech in the year 2020 are about Rs.5,986.50 Cr. and total assets of the company are available at that time in 2020 is around Rs.8,103.20 Cr. In the financial year, 2021 Company invest around Rs.774.20 Cr. and the Current Assets of Larsen and Toubro are about Rs.7,580.10 Cr. and the total assets of LTI Ltd at that time are around Rs.9,940 Cr. in the year 2022, the company has invested of about Rs.1,006.20 Cr. where the total assets were Rs.11,656.10 Cr.
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.
| Year | Target Of Largen And Toubro Infotech Ltd |
|---|---|
| 2022(Target-1) | Rs.6,538 |
| (Target-2) | Rs.9,275 |
| 2023(Target-1) | Rs.11,827 |
| (Target-2) | Rs.13,292 |
| 2024(Target-1) | Rs.15,093 |
| (Target-2) | Rs.17,145 |
| 2025(Target-1) | Rs.18,611 |
| (Target-2) | Rs.20,412 |
| 2030(Target-1) | Rs.52,993 |
| (Target-2) | Rs.61,222 |
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.6,538 and second share price target for the shares of this company is around Rs.9,275.
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.11,827 and the second possible share price target for the shares of Larsen and Toubro Infotech is revolve around Rs.13,292 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. 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.15,093 and a second possible target for the shares of this company is around Rs.17,145.
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 can find it around Rs.18,611 and the second possible share price target for the shares of Larsen and Toubro can revolve it around Rs.20,412.
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 is presently listed in the top 5 IT companies in India and is also a global presence in the world market so the first possible target for the share of this company finds it around Rs.52,993 and a second possible target for the shares of this company at the end of this decade is around Rs.61,222.
Conclusion
In this article, We have done a detailed analysis of Larsen and Toubro Infotech Ltd for the years 2022 to 2030. We tried to include every aspect in our article which is really essential to know before investing in any specific share. If you think it is useful so please share it with your friends and family.
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