Positive impactCompany
L&T shares in focus as CLSA and Nomura issue mixed reviews post Q2 results, see up to 32% upside
CNBC-TV18 1 hr ago·28 Oct 2026, 3:30 am
Larsen & Toubro (L&T) shares are in focus after two major brokerages, CLSA and Nomura, released their post-Q2 earnings reports. The reports offer a mixed view, with CLSA assigning a 'Buy' rating and a target price implying significant upside, while Nomura remains cautious. This divergence highlights the debate among analysts regarding the company's short-term growth trajectory and valuation.
For investors, the key takeaway is the resilience of L&T's long-term outlook. The company has maintained its guidance for FY27, projecting a 10-12% growth in new orders and execution, even as it navigates the delay in the Strait of Hormuz opening. This stability is crucial for investors looking for steady returns in the capital goods sector.
Moving forward, the market will closely watch L&T's ability to sustain execution and manage margins. Investors should also pay attention to the broader infrastructure sector trends and any updates on the Strait of Hormuz situation, as these factors will influence the company's operational performance and stock price volatility.
Excerpt from CNBC-TV18
Published On Oct 28, 2026 | 09:00 IST Last Updated On Oct 28, 2026 | 09:00 IST For the financial year 2027, L&T has retained its guidance of a 10% - 12% rise in new orders and execution with flat margins, despite the delay in the Strait of Hormuz opening. Shares of Infrastructure & Engineering Conglomerate Larsen &…Read the original at CNBC-TV18
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Larsen & Toubro (LT).
- Category: Company.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Larsen & Toubro worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
