Larsen & Toubro traded at 3,631.70 this Wednesday October 21st, decreasing 30.20 or 0.82 percent since the previous trading session. Looking back, over the last four weeks, Larsen & Toubro lost 6.07 percent. Over the last 12 months, its price fell by 7.32 percent. Looking ahead, we forecast Larsen & Toubro to be priced at 3,543.68 by the end of this quarter and at 3,304.74 in one year, according to Trading Economics global macro models projections and analysts expectations.
Larsen & Toubro Limited is engaged in engineering, procurement and construction (EPC) projects services. It provides solar photo voltaic (PV) based power plants helping customers save on the energy bills and contribute to reduction of Greenhouse gas (GHG) emissions from consumption of indirect energy. Its segments include Infrastructure, which is engaged in engineering and construction of building and factories, transportation infrastructure and heavy civil infrastructure; Power, which offers solutions for coal-based and gas-based thermal power plants; Heavy Engineering, which manufactures and supplies custom designed, engineered critical equipment and systems; Defense Engineering, which is engaged in designing, development, serial production and supporting of equipment, systems and platforms of defense and aerospace sectors, and Other segment includes communication projects , marketing and servicing of construction and mining machinery and parts.