Synopsis:- The stock gained momentum after a major brokerage upgraded it to ‘Buy’ with a ₹5,000 target, implying 25% upside. Strong Q2 performance, 10% revenue growth, 14% profit rise, a ₹6.67 trillion order book, and a ₹10.4 trillion pipeline underline sustained demand and robust long-term growth visibility.

India’s civil construction sector powers the nation’s growth, fueled by massive infrastructure pushes. In 2024, the market hit INR 22.77 trillion, set to surge 11.2% to INR 25.31 trillion in 2025, with a projected 8.8% CAGR through 2029 reaching INR 39.10 trillion. Government capex at INR 11.11 trillion for FY25 underscores this boom, alongside 57,299+ live projects spanning 17.4 billion sq ft.

With a market capitalization of Rs 5,60,370.38 crore, the shares of Larsen & Toubro Ltd

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