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Tag: L&T

Jefferies keeps its “Buy” rating on L&T and projects 14% upside and significant growth.

Larsen & Toubro (L&T) is still rated as a buy by Jefferies, according to a recent report. The company has modified its price target from Rs 4,200 to Rs 4,135 per share. Based on core Engineering & Construction (E&C) at 18x FY26E EV/EBITDA, the valuation takes into account consolidated PB at 5.4x and PE FY26E…

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Shri Ram’s temple, designed by L&T, to endure a millennium.

Shri Ram’s temple: The design and construction of the Shri Ram Janmbhoomi Temple by Larsen & Toubro set a new standard for architectural magnificence, as required by the Shri Ram Janmbhoomi Teerth Kshetra Trust. The company said that the temple is built to last a thousand years. The magnificent architecture of the 70-acre complex housing…

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