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Larsen & Toubro (LT) Share Price Rises 4.17% to Rs 3,822.90 Today

  • October 9, 2026
  • Posted by: Kunal Singla
  • Category: News
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Larsen & Toubro Share Price
Larsen & Toubro Ltd. (LT) share price rose to Rs 3,822.9 today, up 4.17% from the previous close. Market cap was Rs 5,05,916.59 crore.

Larsen & Toubro share price stands at Rs 3,822.90 as of 28 October 2026 at 10:37 AM IST, up Rs 152.90 or 4.17% from the previous close of Rs 3,670.00. The engineering and construction company carries a market capitalisation of Rs 5,05,916.59 crore, and the Larsen & Toubro share price rise is the event this update examines.

The Larsen & Toubro stock is gaining today, and this report sets out what the latest Univest figures show: the day’s range, valuation multiples, capital returns, the industry benchmark and listed peers, so readers can see where the stock stands against its sector.

Table of Contents

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  • Larsen & Toubro Share Price Today: Price Action Analysis
  • Why Larsen & Toubro Ltd. (LT) May Be Moving Today
  • Larsen & Toubro Ltd. (LT) Fundamental Analysis
  • Sector and Industry Context
  • Peer Comparison
  • Why Investors Are Watching Larsen & Toubro
  • About Larsen & Toubro
  • Frequently Asked Questions
    • Why is Larsen & Toubro share price rising today?
    • What is the Larsen & Toubro share price today?
    • What is the market capitalisation of Larsen & Toubro?
    • What is the P/E ratio of Larsen & Toubro?
    • What is the ROCE of Larsen & Toubro?
    • What are the EPS and book value of Larsen & Toubro?
    • Does Larsen & Toubro pay a dividend?
    • How does Larsen & Toubro compare with engineering and construction peers?
  • Track Larsen & Toubro Share Price on Univest

Larsen & Toubro Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 3,822.9
Previous Close Rs 3,670
Today's Move Rs 152.9 (+4.17%)
Open Rs 3,813.95
High Rs 3,892
Low Rs 3,768
Market Capitalisation Rs 5,05,916.59 crore
Market Cap Category Large Cap

For readers following the Larsen & Toubro share price today, the points to monitor next are how the stock holds against its day high of Rs 3,892.00, how its P/E ratio of 28.26 compares with the industry median of 13.98, and how its ROCE of 15.98% stacks up against engineering and construction peers.

Larsen & Toubro Ltd. (LT) rose to Rs 3,822.9 from the previous close of Rs 3,670, a move of Rs 152.9 or 4.17%. The stock opened at Rs 3,813.95, reached a high of Rs 3,892, recorded a low of Rs 3,768.

Larsen & Toubro share price traded at Rs 3,822.90, a gain of Rs 152.90 or 4.17% over the previous close of Rs 3,670.00. The stock opened at Rs 3,813.95, already above that previous close, and has moved between Rs 3,768.00 and Rs 3,892.00 so far today.

The day low of Rs 3,768.00 sits above the previous close, so the stock has traded above its prior reference level throughout today’s trade so far. The last traded price of Rs 3,822.90 is Rs 69.10 below the day high of Rs 3,892.00 and Rs 8.95 above the opening level. The Larsen & Toubro share price update therefore shows a gain of 4.17% on the previous close.

Why Larsen & Toubro Ltd. (LT) May Be Moving Today

According to recent news reports, five items were published on Larsen & Toubro’s Q2 results. On 27 Oct, 05:19 pm, reports gave Q2 revenue of 787.5 billion rupees against an estimate of 719 billion and 679.84 billion a year earlier, consolidated net profit of 52 billion rupees against 39.26 billion a year earlier and an estimate of 42 billion, and EBITDA of 68.44 billion rupees against 68.06 billion a year earlier and an estimate of 69.9 billion, with the margin at 8.69% against 10.01%. On 28 Oct, 09:06 am, CLSA maintained Outperform with a target of Rs 4,842, and at 09:07 am Macquarie maintained Outperform with a target of Rs 4,710, citing Q2 revenue and PAT up 16% and 33%. These reports may be connected to today’s move, but the market data itself does not establish a single confirmed cause. With the price move laid out, the next question is what the company’s reported fundamentals add to the picture of Larsen & Toubro stock performance.

Larsen & Toubro Ltd. (LT) Fundamental Analysis

Metric Value
Market Capitalisation Rs 5,05,916.59 crore
P/E Ratio 28.26x
P/B Ratio 4.43x
ROE 18.59%
ROCE 15.98%
EPS Rs 129.85
Book Value Per Share Rs 828.05
Dividend Yield 1.04%

Larsen & Toubro Ltd. (LT) fundamental metrics show P/E 28.26x, P/B 4.43x, ROE 18.59%, ROCE 15.98%. Read together, these ratios describe the company’s position rather than a recommendation.

Larsen & Toubro Ltd. has a market capitalisation of Rs 5,05,916.59 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 28.26x, P/B at 4.43x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 18.59% and ROCE of 15.98%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 129.85, book value per share of Rs 828.05, dividend yield of 1.04%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 13.98x, median ROE of 10.84%, median ROCE of 14.84%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric Value
Sector Infrastructure
Industry Engineering – Construction
Benchmark Scope same industry
Company P/E Ratio 28.26x
Benchmark Median P/E 13.98x
Benchmark Average P/E 34.44x
Benchmark P/E Range 0x to 703.32x
Company P/B Ratio 4.43x
Benchmark Median P/B 1.21x
Company ROE 18.59%
Benchmark Median ROE 10.84%
Company ROCE 15.98%
Benchmark Median ROCE 14.84%
Company Market Capitalisation Rs 5,05,916.59 crore
Benchmark Median Market Cap Rs 219.11 crore

Larsen & Toubro Ltd. (LT) operates in the Infrastructure sector, within the Engineering – Construction industry.

Larsen & Toubro Ltd. (LT) has a P/E ratio of 28.26x, which is above the benchmark median of 13.98x, a difference of +102.15%. The P/E comparison frames valuation; it is not a signal to buy or sell.

Larsen & Toubro Ltd. (LT) has a ROE of 18.59%, which is above the benchmark median of 10.84%, a difference of +71.49%. Larsen & Toubro Ltd. (LT) has a ROCE of 15.98%, which is above the benchmark median of 14.84%, a difference of +7.68%.

Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Rail Vikas Nigam Ltd. RVNL 37,947.37 41.95 3.78 8.98 10.81
Kalpataru Projects International Ltd. KPIL 22,124.44 19.73 2.77 14.42 18.95
ITD Cementation India Ltd. CEMPRO 20,888.67 36.93 5.64 28.24 33.53
IRB Infrastructure Developers Ltd. IRB 19,662.98 20.04 0.87 4.17 7.72
Engineers India Ltd. ENGINERSIN 13,725.07 17.95 4.32 23.79 30.94

Larsen & Toubro Ltd. (LT) has a P/E ratio of 28.26x compared with the displayed peer median of 20.04x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 18.59% compares with a peer median of 14.42% across the companies shown in the table. ROCE stood at 15.98% versus the displayed peer median of 18.95%, providing a capital-efficiency comparison. Larsen & Toubro Ltd. (LT) has a market capitalisation of Rs 5,05,916.59 crore. It is larger by market capitalisation than all 5 peers shown.

Why Investors Are Watching Larsen & Toubro

Investors tracking Larsen & Toubro can follow the price move, the valuation and capital-return figures and the sector benchmark. Each point below rests on figures from the latest Univest data and none implies a recommendation or a forecast.

  • Price action: the stock is up 4.17% at Rs 3,822.90, with a day range of Rs 3,768.00 to Rs 3,892.00.
  • Capital returns: ROCE of 15.98% is above the Infrastructure benchmark median of 14.84%.
  • Valuation: P/E of 28.26 is above the industry median of 13.98, and P/B of 4.43 is above the median of 1.21.
  • Per-share figures: EPS of Rs 129.85 and book value of Rs 828.05 per share frame the valuation multiples.
  • Size: market capitalisation of Rs 5,05,916.59 crore compares with an industry median of Rs 219.11 crore.

About Larsen & Toubro

Larsen & Toubro Ltd. is a listed company operating in the Infrastructure sector and the Engineering – Construction industry, according to latest Univest data. Within its same-industry benchmark group of 175 companies, it has a market capitalisation of Rs 5,05,916.59 crore, EPS of Rs 129.85 and a book value of Rs 828.05 per share.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

Why is Larsen & Toubro share price rising today?

Ans. The Larsen & Toubro share price traded at Rs 3,822.90 as of 28 October 2026 at 10:37 AM IST, up 4.17% from the previous close of Rs 3,670.00. Its day range is Rs 3,768.00 to Rs 3,892.00.

What is the Larsen & Toubro share price today?

Ans. The Larsen & Toubro share price was Rs 3,822.90 at 10:37 AM IST on 28 October 2026. That is a rise of Rs 152.90, or 4.17%, from the previous close of Rs 3,670.00, after an opening price of Rs 3,813.95.

What is the market capitalisation of Larsen & Toubro?

Ans. Larsen & Toubro has a market capitalisation of Rs 5,05,916.59 crore. That is above the Engineering – Construction industry benchmark median of Rs 219.11 crore and above the benchmark average of Rs 4,600.17 crore across 175 companies.

What is the P/E ratio of Larsen & Toubro?

Ans. The Larsen & Toubro P/E ratio is 28.26. The Engineering – Construction industry benchmark has a median P/E of 13.98 and an average of 34.44, so the company sits above the median and below the average.

What is the ROCE of Larsen & Toubro?

Ans. Larsen & Toubro has a ROCE of 15.98%, which measures returns generated on capital employed. The industry benchmark median ROCE is 14.84% and the average is 16.17%, so the company figure is above the median and below the average.

What are the EPS and book value of Larsen & Toubro?

Ans. Larsen & Toubro has an EPS of Rs 129.85, showing earnings attributable to each share, and a book value of Rs 828.05 per share. The P/B ratio is 4.43, against an industry median of 1.21.

Does Larsen & Toubro pay a dividend?

Ans. The latest Univest data shows a dividend yield of 1.04% for Larsen & Toubro. Dividend yield describes the historical or current payout relative to the share price and is not a guarantee of any future payout.

How does Larsen & Toubro compare with engineering and construction peers?

Ans. The Larsen & Toubro P/E of 28.26 is lower than 2 of 5 listed peers and higher than 3. Its ROCE of 15.98% is higher than 2 of 5 listed peers, and its market capitalisation is larger than each peer.

Track Larsen & Toubro Share Price on Univest

Use Larsen & Toubro Ltd. (LT) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Users can track the live Larsen & Toubro share price on Univest, along with fundamental ratios such as P/E, P/B and ROCE, 52-week levels and wider market insights. The Larsen & Toubro share price today of Rs 3,822.90 and the 4.17% rise are part of a market update, not a recommendation, and the figures here will move as the day’s trade continues.



Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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