L&T shares slip 3.6% in a month; analysts see up to 16% upside on record order book

September 15, 2026

Larsen & Toubro’s shares face volatility, yet analysts remain optimistic about future growth. A record order book and strong capital expenditure demand underpin this positive outlook. Geopolitical issues impacted recent execution, but no major projects were cancelled. The company expects improved momentum and order inflows in the second half of FY27. Strategic divestments and investments in new growth areas will further strengthen its core businesses.

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