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L&T Share Price Target 2024-2040: Long-term Forecast & Analysis

L&T is an Indian multinational conglomerate with interests in various sectors. It is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under the symbol LT.

This detailed post will explore L&T’s share price targets from 2024 to 2040. We will use different technical analysis approaches for long-term forecasts to predict targets up to 2040.

Overview of Larsen & Toubro Limited

Larsen & Toubro Limited, commonly known as L&T Limited, was established in 1946. It is an Indian multinational conglomerate company whose business is spread across engineering, construction, manufacturing, technology, information technology, and financial services.

The company is counted among the top five construction companies in the world. L&T Group comprises 93 subsidiary companies, 5 associate companies, 27 joint ventures, and 35 jointly operating companies.

Company NameLarsen & Toubro Limited
IndustryConstruction and Engineering
Founded1946
CountryIndia
Official Websitewww.larsentoubro.com

L&T Share Price Targets: 2024 to 2040 Snapshot

Projected L&T share price targets are estimated to reach ₹3,952 in 2024, ₹4,660 in 2025, ₹5,371 in 2026, ₹6,078 in 2027, ₹6,786 in 2028, ₹7,531 in 2029, ₹8,309 in 2030, and ₹22,380 by 2040.

YearMinimum Price Maximum Price
2024₹ 3,684₹ 3,952
2025₹ 3,952₹ 4,660
2026₹ 4,663₹ 5,371
2027₹ 5,371₹ 6,078
2028₹ 6,084₹ 6,786
2029₹ 6,791₹ 7,531
2030₹ 7,484₹ 8,309
2040₹ 20,441₹ 22,380
  • 2024 Price Forecast: In 2024, L&T’s share price is expected to range between ₹3,684 and ₹3,952, reflecting a stable growth outlook for the year.
  • Significant Growth in 2025: The share price target for 2025 shows significant growth, with a minimum of ₹3,952 and a maximum of ₹4,660, indicating strong bullish trends.
  • Steady Rise in 2026: For 2026, the share price is projected to continue its upward trajectory, ranging from ₹4,663 to ₹5,371, as the company builds on its previous year’s momentum.
  • Further Growth in 2027: L&T’s share price in 2027 is forecasted to be between ₹5,371 and ₹6,078, suggesting a steady rise in investor confidence and market performance.
  • Continue growth maintained in 2028: In 2028, the share price target ranges from ₹6,084 to ₹6,786. 
  • Substantial Increase by 2029: The 2029 share price target shows a substantial increase, with a minimum of ₹6,791 and a maximum of ₹7,531, indicating robust growth potential.
  • Close to ₹8,000 in 2030: By 2030, L&T’s share price is expected to range from ₹7,484 to ₹8,309, approaching the ₹8,000 mark and showcasing the company’s strong long-term growth prospects.
  • Long-term Outlook for 2040: Looking further ahead, the share price target for 2040 is projected to be between ₹20,441 and ₹22,380, reflecting the company’s potential for substantial long-term growth and market expansion.

Important Note: These price targets for “Larsen & Toubro Limited” are for reference purposes only. Short-term and long-term L&T stock price predictions may vary due to the time series that were analyzed differently. This prediction assumes positive market sentiments, and this analysis does not cover any uncertainties in the company or global market conditions.

L&T Share Price Target 2024

If we look at the monthly forecast share price of L&T Limited, the bullish sentiment is likely to continue. According to technical data, by the end of this year, the share price for L&T is expected to reach a maximum of ₹3,952.

MonthsMinimum PriceMaximum Price
September 2024₹ 3,684₹ 3,741
October 2024₹ 3,744₹ 3,821
November 2024₹ 3,822₹ 3,883
December 2024₹ 3,891₹ 3,952
  • The initial price target for L&T Limited in 2024 is estimated to be ₹3,741.
  • However, by the end of 2024, the price target is expected to rise, potentially reaching ₹3,952 due to bullish market trends.

L&T Share Price Target 2025

Based on technical data, the minimum target share price for L&T is anticipated to be ₹4,015, with a maximum potential value of ₹4,660 per share.

MonthsMinimum PriceMaximum Price
January 2025₹ 3,952₹ 4,015
February 2025₹ 4,010₹ 4,038
March 2025₹ 4,043₹ 4,072
April 2025₹ 4,078₹ 4,136
May 2025₹ 4,113₹ 4,207
June 2025₹ 4,219₹ 4,274
July 2025₹ 4,280₹ 4,334
August 2025₹ 4,332₹ 4,381
September 2025₹ 4,390₹ 4,454
October 2025₹ 4,453₹ 4,529
November 2025₹ 4,536₹ 4,590
December 2025₹ 4,598₹ 4,660
  • The initial price target for L&T Ltd. in 2025 is projected to be ₹4,015.
  • With favorable market conditions, the mid-year price target for L&T Ltd. could reach ₹4,274.
  • By the end of 2025, the price target for L&T Ltd. is expected to potentially reach ₹4,660, considering bullish market trends.

L&T Share Price Target 2026

Based on technical data, the minimum target share price for L&T is anticipated to be ₹4,725, with a maximum potential value of ₹5,371 per share.

MonthsMinimum PriceMaximum Price
January 2026₹ 4,663₹ 4,725
February 2026₹ 4,720₹ 4,745
March 2026₹ 4,751₹ 4,784
April 2026₹ 4,785₹ 4,846
May 2026₹ 4,823₹ 4,911
June 2026₹ 4,924₹ 4,987
July 2026₹ 4,988₹ 5,043
August 2026₹ 5,043₹ 5,096
September 2026₹ 5,102₹ 5,162
October 2026₹ 5,163₹ 5,235
November 2026₹ 5,243₹ 5,304
December 2026₹ 5,310₹ 5,371
  • The initial price target for L&T Ltd. in 2026 is projected to be ₹4,725.
  • With favorable market conditions, the mid-year price target for L&T Ltd. could reach ₹4,987.
  • By the end of 2026, the price target for L&T Ltd. is expected to potentially reach ₹5.371, considering bullish market trends.

L&T Share Price Target 2027

Based on technical data, the minimum target share price for L&T is anticipated to be ₹5,435, with a maximum potential value of ₹6,078 per share.

MonthsMinimum PriceMaximum Price
January 2027₹ 5,371₹ 5,435
February 2027₹ 5,430₹ 5,452
March 2027₹ 5,458₹ 5,491
April 2027₹ 5,496₹ 5,556
May 2027₹ 5,533₹ 5,629
June 2027₹ 5,636₹ 5,694
July 2027₹ 5,698₹ 5,752
August 2027₹ 5,752₹ 5,808
September 2027₹ 5,809₹ 5,873
October 2027₹ 5,872₹ 5,941
November 2027₹ 5,950₹ 6,016
December 2027₹ 6,017₹ 6,078
  • The initial price target for L&T Ltd. in 2027 is projected to be ₹5,435.
  • With favorable market conditions, the mid-year price target for L&T Ltd. could reach ₹5,694.
  • By the end of 2027, the price target for L&T Ltd. is expected to potentially reach ₹6,078, considering bullish market trends.

L&T Share Price Target 2028

Based on technical data, the minimum target share price for L&T is anticipated to be ₹6,144, with a maximum potential value of ₹6,786 per share.

MonthsMinimum PriceMaximum Price
January 2028₹ 6,084₹ 6,144
February 2028₹ 6,141₹ 6,171
March 2028₹ 6,171₹ 6,203
April 2028₹ 6,214₹ 6,266
May 2028₹ 6,243₹ 6,343
June 2028₹ 6,349₹ 6,406
July 2028₹ 6,415₹ 6,462
August 2028₹ 6,464₹ 6,520
September 2028₹ 6,521₹ 6,581
October 2028₹ 6,583₹ 6,662
November 2028₹ 6,663₹ 6,728
December 2028₹ 6,729₹ 6,786
  • The initial price target for L&T Ltd. in 2028 is projected to be ₹6,144.
  • With favorable market conditions, the mid-year price target for L&T Ltd. could reach ₹6,406.
  • By the end of 2028, the price target for L&T Ltd. is expected to reach ₹6,786, considering bullish market trends potentially.

L&T Share Price Target 2029

Based on technical data, the minimum target share price for L&T is anticipated to be ₹6,856, with a maximum potential value of ₹7,531 per share.

MonthsMinimum PriceMaximum Price
January 2029₹ 6,791₹ 6,856
February 2029₹ 6,850₹ 6,878
March 2029₹ 6,882₹ 6,909
April 2029₹ 6,919₹ 6,976
May 2029₹ 6,952₹ 7,053
June 2029₹ 7,056₹ 7,112
July 2029₹ 7,121₹ 7,170
August 2029₹ 7,175₹ 7,235
September 2029₹ 7,239₹ 7,303
October 2029₹ 7,307₹ 7,392
November 2029₹ 7,396₹ 7,465
December 2029₹ 7,469₹ 7,531
  • The initial price target for L&T Ltd. in 2029 is projected to be ₹6,856.
  • With favorable market conditions, the mid-year price target for L&T Ltd. could reach ₹7,112.
  • By the end of 2029, the price target for L&T Ltd. is expected to reach ₹7,531, considering bullish market trends.

L&T Share Price Target 2030

Based on technical data, the minimum target share price for L&T is anticipated to be ₹7,523, with a maximum potential value of ₹8,309 per share.

MonthsMinimum PriceMaximum Price
January 2030₹ 7,484₹ 7,523
February 2030₹ 7,554₹ 7,555
March 2030₹ 7,591₹ 7,595
April 2030₹ 7,644₹ 7,672
May 2030₹ 7,680₹ 7,767
June 2030₹ 7,810₹ 7,843
July 2030₹ 7,891₹ 7,912
August 2030₹ 7,951₹ 7,983
September 2030₹ 8,022₹ 8,058
October 2030₹ 8,098₹ 8,157
November 2030₹ 8,196₹ 8,237
December 2030₹ 8,278₹ 8,309
  • The initial price target for L&T Ltd. in 2030 is projected to be ₹7,523.
  • With favorable market conditions, the mid-year price target for L&T Ltd. could reach ₹7,843.
  • By the end of 2030, the price target for L&T Ltd. is expected to reach ₹8,309, considering potential bullish market trends.

L&T Share Price Target 2040

Based on technical data, the minimum target share price for L&T is anticipated to be ₹20,261, with a maximum potential value of ₹22,380 per share.

MonthsMinimum PriceMaximum Price
January 2040₹ 20,441₹ 20,261
February 2040₹ 20,630₹ 20,349
March 2040₹ 20,732₹ 20,456
April 2040₹ 20,877₹ 20,663
May 2040₹ 20,974₹ 20,919
June 2040₹ 21,329₹ 21,125
July 2040₹ 21,552₹ 21,309
August 2040₹ 21,716₹ 21,500
September 2040₹ 21,908₹ 21,704
October 2040₹ 22,116₹ 21,969
November 2040₹ 22,385₹ 22,186
December 2040₹ 22,607₹ 22,380
  • The initial price target for L&T Ltd. in 2040 is projected to be ₹20,261.
  • With favorable market conditions, the mid-year price target for L&T Ltd. could reach ₹21,125.
  • By the end of 2040, the price target for L&T Ltd. is expected to reach ₹22,380, considering bullish market trends potentially.

Recommendations: Invest in L&T stock or sell it?

As per the current data, L&T’s share price and possibly its market sentiment have been in a bullish cycle for the last 12 months. It is always easier to trade in a bull market, so you may want to favour these stocks under the given circumstances, but always read about optimal investment strategies if you are new to investing.

As per our predictive stock analyst, the company’s stocks may be good to invest in. If you are good at personal finance and want to invest, then you can invest in this stock.

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Frequently Asked Questions (FAQ’s)

What is the L&T share price target for 2025?

As per our stock forecast, L&T’s share price target can be up to ₹4,660 in 2025.

What is L&T stock projected to be worth in 5 years?

What is the L&T share price target for 2030?

What is L&T stock projected to be worth in 10 years?

What is the L&T share price target for 2040?

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