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

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.  

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.

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