Larsen & Toubro (L&T) – Investor Note
Business Overview
Larsen & Toubro (L&T) is India’s leading engineering & construction conglomerate, with a diversified presence in infrastructure, heavy engineering, power, IT services, defense, and hydrocarbon projects. The company is a key beneficiary of India’s government-led infrastructure push.
Technical View – L&T
On the daily chart, L&T is trading around ₹3,560–3,580 levels and showing signs of recovery after recent consolidation. The stock is holding above its 200-day EMA (₹3,500 zone), which acts as a strong long-term support. The RSI is near 51, suggesting neutral-to-positive momentum, while Parabolic SAR is indicating early signs of reversal.
Immediate resistance is placed near ₹3,620–3,650, and a breakout above this zone could open the way towards ₹3,700–3,750 in the short term. On the downside, ₹3,500–3,520 remains a key support zone; any sustained break below may invite further weakness.
Summary: Technical setup looks constructive. Buy on dips is advisable with short-term upside potential towards ₹3,700+, while keeping a stop loss near ₹3,500.Daily Chart Analysis of Larsen on 15-09-2025