{"id":22589,"date":"2025-11-02T01:29:11","date_gmt":"2025-11-02T01:29:11","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/11\/02\/l-motilal-oswal-hikes-target-price-markets-news\/"},"modified":"2025-11-02T01:29:11","modified_gmt":"2025-11-02T01:29:11","slug":"l-motilal-oswal-hikes-target-price-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/11\/02\/l-motilal-oswal-hikes-target-price-markets-news\/","title":{"rendered":"L&T Scales New Record High As Shares Surge 2% Post Q2 Results; Motilal Oswal Hikes Target Price | Markets News"},"content":{"rendered":"


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Last Updated:<\/span>

Shares of Larsen & Toubro (L&T) jumped over 2% on October 30 after the engineering and infrastructure major reported its Q2 FY26 results<\/h2>\n
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\"L&T<\/p>\n

L&T Shares<\/p>\n<\/figure>\n<\/div>\n

L&T Share Price Today:<\/strong> Shares of Larsen & Toubro (L&T) jumped over 2% on October 30 after the engineering and infrastructure major reported its Q2 FY26 results. The stock hit a fresh 52-week high of Rs 4,048 in early trade as brokerages turned more optimistic, with Motilal Oswal raising its target price.<\/p>\n

Q2 Highlights<\/strong><\/p>\n

L&T reported a consolidated net profit of Rs 3,926 crore for the July\u2013September quarter, up 16% year-on-year from \u20b93,395 crore. Revenue rose 10% YoY to Rs 67,984 crore versus Rs 61,555 crore in the same period last year.<\/p>\n

Brokerage estimates have pegged revenue growth at 15% YoY to Rs 70,818 crore and net profit at Rs 3,990 crore, indicating a miss on the top line and broadly in-line earnings.<\/p>\n

The company also posted a robust 45% YoY surge in order inflows, led by its core engineering and construction (E&C) business.<\/p>\n

Brokerage View<\/strong><\/p>\n

Motilal Oswal raised its target price on the stock to Rs 4,500 from Rs 4,300 while retaining a \u2018Buy\u2019 call, implying nearly 14% upside from the previous close of Rs 3,958.<\/p>\n

The brokerage noted that revenue lagged estimates due to weaker-than-expected E&C performance, but highlighted strong order inflows as a key positive. It expects domestic order revival and non-core asset monetisation to drive further re-rating.<\/p>\n

Stock Performance<\/strong><\/p>\n

L&T shares have gained over 3% in the past week and more than 10% in a month. The stock is up nearly 21% in six months and trades at about 30x earnings.<\/p>\n

It is currently more than 36% above its 52-week low of Rs 2,965.30, hit in April 2025.<\/p>\n

Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.<\/strong><\/p>\n

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\"Aparna<\/figure>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Follow News18 on Google<\/a>. Join the fun, play QIK games on News18<\/a>. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
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October 30, 2025, 10:26 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> markets<\/a> L&T Scales New Record High As Shares Surge 2% Post Q2 Results; Motilal Oswal Hikes Target Price<\/span><\/div>\n
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Last Updated:October 30, 2025, 10:26 IST Shares of Larsen & Toubro (L&T) jumped over 2% on October 30 after the engineering and infrastructure major reported its Q2 FY26 results L&T Shares L&T Share Price Today: Shares of Larsen & Toubro (L&T) jumped over 2% on October 30 after the engineering and infrastructure major reported its…<\/p>\n","protected":false},"author":1,"featured_media":22590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-22589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=22589"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/22590"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=22589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=22589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=22589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}