Larsen & Toubro stock: JPMorgan sets INR 5,060 target for Larsen & Toubro stock

Published on 10/19/2026 at 16:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Larsen & Toubro reports second-quarter results on October 27, 2026. Larsen & Toubro stock costs INR 3,661.90 at 3:29 p.m. IST, up 0.96 percent versus the NSE close.

Analyst target and reporting date

JPMorgan assigned an INR 5,060 target to Larsen & Toubro on October 19, 2026.
Larsen & Toubro is scheduled to report second-quarter results on October 27, 2026.
Larsen & Toubro stock costs INR 3,661.90 at 3:29 p.m. IST on October 19, 2026, up 0.96 percent versus the NSE close of October 16, 2026.
Larsen & Toubro traded at a price-to-earnings ratio of 30.37 on October 19, 2026.

Larsen & Toubro, INE018A01030, Illustration mit AI erstellt.

Larsen & Toubro has an INR 5,060 price target from JPMorgan, which puts the target 38.18 percent above the NSE price of INR 3,661.90. CNBC TV18 reported the target on October 19, 2026. Larsen & Toubro stock was at INR 3,661.90 at 3:29 p.m. IST on October 19, 2026, up 0.96 percent versus the NSE close of October 16, 2026.

Results date is October 27

The next scheduled corporate milestone is the September-quarter and first-half results date. Screener lists October 27, 2026 as the upcoming result date and notes that the company will consider results for the period ended September 30, 2026.

The date gives the analyst target a near-term test. The latest reported quarter ended June 30, 2026, with revenue of INR 679.42 billion and net income of INR 41.23 billion. Those figures provide the operating baseline for the next update.

Stock stays below its yearly high

The NSE quote stood between INR 3,632.00 and INR 3,687.70 during the October 19, 2026 session. Volume reached 2,331,099 shares against an average of 1,577,322 shares, while the 52-week range was INR 3,288.10 to INR 4,440.00. The current price was 17.52 percent below the 52-week high and 11.36 percent above the 52-week low.

The market value was INR 5.0 trillion on October 19, 2026, and the price-to-earnings ratio was 30.37. The trailing dividend yield was 0.01 percent in the same quote.

Comparison with peers

Larsen & Toubro (NSE, INR): up 0.96 percent, price-to-earnings ratio 30.37, market capitalization INR 5.0 trillion.

ABB India (NSE, INR): up 2.54 percent, price-to-earnings ratio 49.46, market capitalization INR 1.5 trillion.

Siemens (NSE, INR): minus 0.03 percent, price-to-earnings ratio 39.38, market capitalization INR 1.3 trillion.

Price and calendar set the frame

Larsen & Toubro's 0.96 percent daily gain was smaller than ABB India's 2.54 percent rise but stronger than Siemens' 0.03 percent decline. The October 27 results date and the INR 5,060 JPMorgan target are the two measurable reference points for the stock's next assessment.