L&T Q2 Review: Shares Can Zoom 26% Says ICICI Securities On Strong Order Inflow, Execution

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L&T Q2 Review: ICICI Securities maintains 'Buy' on the stock, hikes target price.

30 Oct 2025, 01:30 PM IST i

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L&T's order pipeline stands at Rs 10.4 trillion for Q1 FY26 vs Rs 8.1 trillion Q1 FY25). (Image Source: L&T)

L&T’s order inflow continues to beat consensus expectations. It secured Rs 1 trillion (+54% YoY) worth of orders in its core businesses in Q2 and Rs 1.7 trillion (+48% YoY) in H1 FY26.

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