LT Share Price, Analysis & Fundamentals

Larsen & Toubro shows strong sequential earnings but faces a neutral-to-bearish technical trend, trading below its 52-week high with subdued momentum.

The stock is showing a neutral to slightly bearish short-term trend, with returns declining over the last 1 and 3 months, indicated by a trend alignment score of 1 and trading below key EMAs.
Momentum appears subdued, as evidenced by an RSI of 47.81 and a bearish MACD signal, suggesting a potential lack of strong buying interest.
Despite a rising volume trend, the absence of delivery accumulation indicates that the current price action may not be strongly supported by conviction, leading to a moderate drawdown of -10.37% from its 52-week high.
Quarterly results show robust sequential growth, with revenue up 15.832% and net profit by 60.34%, though year-over-year comparisons reveal a slight dip in profit and EPS.
Analysts maintain a largely positive outlook, with 79.31% of ratings being 'Strong Buy' or 'Buy', though there has been a slight decrease in the number of 'Strong Buy' recommendations over the past month.
Institutional holdings have seen a marginal decrease of 0.95% QoQ, primarily due to a reduction in FII stakes, while public shareholding has increased.

Short-term returns show a negative trend over the last 1 month (-1.47%) and 3 months (-7.68%).
The stock is trading below its 9-day and 21-day EMAs, indicating a neutral to slightly bearish short-term trend, with a trend alignment score of 1.
Momentum is subdued, with an RSI of 47.81 and a bearish MACD signal.
Volatility remains moderate with the price positioned around the middle of the Bollinger Bands (50.07% of band width).
The stock is trading 10.37% below its 52-week high and is experiencing a current drawdown of -10.37%. The volume trend is rising, but delivery accumulation is not present.

The market behaviour indicates a neutral to slightly bearish short-term trend, characterized by negative returns over the past month and trading below key EMAs. Momentum indicators like RSI and MACD are also signaling weakness. While volatility is moderate, the stock is positioned below its 52-week high and experiencing a drawdown. The rising volume trend is noted, but without delivery accumulation, conviction remains uncertain.

Latest reported revenue was ₹82,762 Cr.
Quarter-over-quarter, revenue increased by 15.832%, net profit by 60.34%, and EPS by 65.64%.
Year-over-year, revenue saw a growth of 11.251%, while net profit decreased by -0.374% and EPS by -3.152%.
Profit before tax showed a YoY increase of 4.941%.

Larsen & Toubro (L&T) is scheduled to participate in a virtual investor group meeting on June 8, 2026. Previously, on May 29, 2026, the company received an ESG Risk Assessment score of 53, categorizing it as "adequate".