Larsen & Toubro shares: 114% return in 5 yrs, Motilal Oswal sees 19% more upside stock | Target price

Larsen & Toubro shares have fallen 10.6% in 2026 so far, despite delivering 114% returns over five years. Motilal Oswal sees nearly 19% upside, citing order growth, domestic project execution and opportunities across multiple international markets.