L&T’s Special Dividend and CLSA’s ₹4,842 Target Spark Investor Interest

Tue Feb 17 2026

L&T share price is on the investor’s radar today as the agreement has been signed to sell its Nabha Power Subsidiary to Torrent Power. L&T share is trading at ₹4,202.70 (0.036% up from its opening) and made a high of ₹4,220.00 on 17th February 2026.

The global brokerage CLSA has given an outperform rating on the L&T share price with a target price of ₹4,842 per share. As the firm expects the transaction to unlock approximately ₹26 per share in value and sees the potential for a special dividend amount. CLSA also said L&T’s decision to exit Nabha Power, a relatively low ROE (return-on-equity) concession, aims to achieve an 18% ROE by FY26.

Table of Contents

More Highlights

As per the CLSA, the Nabha Power Divestment should further enhance ROE. The deal is worth of ₹3,660 crore equity value which was compared with the valuation of ₹3,800 crore. L&T is expecting to get surplus capital to shareholders with the exit from Nabha Power. This is because of a special dividend amount as it works to meet its 18% ROE objective in the current financial year.

What Should Investors Watch?

Investors should closely monitor the support and resistance levels for L&T share price.
Investors should be informed about the coming updates on the dividend and the agreement made to sell Nabha Power to Torrent Power.
Investors should consider the financial and fundamental analysis of L&T share.

Investor Takeaway

Despite having a 52-week low of ₹2,965.30, the L&T share price is currently trading at a good value of ₹4,202.70. Have a close eye on L&T shares and keep monitoring the key trends, which could impact the share price. The stock is expected to react positively to market trends and news about tech spending.