{"id":119193,"date":"2026-06-16T11:37:48","date_gmt":"2026-06-16T06:07:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=119193"},"modified":"2026-06-16T11:37:49","modified_gmt":"2026-06-16T06:07:49","slug":"lt-share-price-nifty-gainer-jpmorgan-target-5060-june-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lt-share-price-nifty-gainer-jpmorgan-target-5060-june-2026\/","title":{"rendered":"L&T Share Price Among Top Nifty Gainers, Up 9% in 3 Days; JPMorgan Raises Target to Rs 5,060"},"content":{"rendered":"
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L&T share price up 9%+ in 3 days. June 16 high Rs 4,235 (close Rs 4,169.80). JPMorgan target Rs 5,060 (Overweight). FY26 order book Rs 7.40 lakh crore (+28%). Revenue Rs 2.86 lakh crore (+12%).<\/em><\/p>\n

L&T<\/a> share price<\/strong> touched an intraday high of Rs 4,235.40 on June 16, 2026, extending a three-session rally that has taken the stock up over 9% and made it one of the top performers on the Nifty 50. Two clear catalysts are behind the L&T share price<\/strong> rally: JPMorgan’s decision to maintain its Overweight rating while raising the target price to Rs 5,060, marking the first analyst target above Rs 5,000 for the engineering conglomerate, and the US-Iran peace deal which has brightened the outlook for Middle East infrastructure spending that directly benefits L&T’s international order pipeline. The L&T share price<\/strong> had closed at Rs 4,169.80 on June 15, and the intraday high of Rs 4,235.40 on June 16 represents a further 1.57% gain on the session.<\/p>\n

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