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

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