L&T shares surge 4%: Why are top brokerages bullish despite West Asia headwinds
- Posted on July 29, 2026
- By Financial Express
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- 1 min read
Larsen & Toubro experiences significant market momentum with a 4% stock surge as major investment firms maintain bullish positions. Despite geopolitical tensions in West Asia, analysts project substantial upside potential ranging from 19-21% on the company's fundamentals. The conglomerate's robust order book exceeding Rs 15 lakh crore and resilient financial performance provide strong support for growth prospects. Market confidence reflects investor belief in L&T's ability to navigate regional challenges while capitalizing on domestic infrastructure opportunities.
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