{"id":330194,"date":"2026-10-28T12:13:06","date_gmt":"2026-10-28T06:43:06","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=330194"},"modified":"2026-10-28T12:13:06","modified_gmt":"2026-10-28T06:43:06","slug":"l-and-t-share-price-jumps-6-percent-after-q2-fy27-results-buy-sell-or-hold-target-upside-order-book-margins-and-risks","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/l-and-t-share-price-jumps-6-percent-after-q2-fy27-results-buy-sell-or-hold-target-upside-order-book-margins-and-risks\/","title":{"rendered":"L&T Share Price Jumps 6% After Strong Q2 FY27 Results: Should You Buy, Sell or Hold? Target, Upside, Order Book, Margins and Risks"},"content":{"rendered":"

The L&T share price opened at Rs 3,820 on the NSE on Wednesday, 28 Oct 2026, against the previous close of Rs 3,665.10, touched a day high of Rs 3,894, up about 6.2%, and traded at Rs 3,812, up 4.01%, at 11:59 AM. The rally followed Q2 FY27 consolidated profit of Rs 5,202 crore, up 33%, on revenue of Rs 78,750 crore, up 16%, and order inflow of Rs 1,47,665 crore, up 28%.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The L&T share price jumped as much as 6.2% to Rs 3,894 after Q2 FY27 profit rose 33% to Rs 5,202 crore, revenue rose 16% to Rs 78,750 crore and order inflow rose 28% to Rs 1,47,665 crore, which lifted the order book to Rs 8,53,514 crore. Motilal Oswal kept a Buy rating and a target of Rs 4,400, about 15.4% above Rs 3,812 (my calculation), but EBITDA grew only 0.6% and the margin fell to 8.7% from 10.0%. The stock has already given back about 2% from its high, and it trades at about 26.7 times trailing earnings (my calculation), so the debate is whether order growth outweighs the margin squeeze. This is educational and not a recommendation.<\/p>\n<\/p><\/div>\n

The L&T share price reaction shows how much the market values a record order book, even when margins are under pressure. This article covers the L&T share price move on 28 Oct 2026, the L&T Q2 results, the order book and guidance, the brokerage target and upside, valuation and technical levels, and the arguments on each side of the buy, sell or hold question, using prices as of 11:59 AM IST.<\/p>\n

I could not open the Jefferies and Citi notes, which a Zee Business headline links to a range of Rs 3,400 to Rs 4,700, so I do not know which level belongs to which broker, and the only target I could confirm is Motilal Oswal’s Rs 4,400. The provider’s trailing earnings may not include Q2, and sources differ on trailing return on equity. It is educational and not advice.<\/p>\n

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