The company has a 1-year return of -7.5 per cent and a 3-year return of 94.98 per cent.

This project, commissioned by the Municipal Corporation of Greater Mumbai (MCGM), aims to construct a 4.5 Km long bridge connecting Dahisar and Bhayander.

L&T expanded its hi-tech manufacturing capability, inaugurating a new state-of-the-art, advanced Heavy Wall Pressure Vessel facility in Saudi Arabia, as a part of the IKTVA initiative of Aramco and Saudi Vision 2030.

The company reported amazing results in both quarterly results and annual results. In FY23, net sales increased by 17.14 per cent to Rs 1,83,340.70 crore and net profit increased by 22.70 per cent to Rs 12,624.87 crore compared to FY22.

The stock is up by 14.43 per cent in 6 months and gave multibagger returns of 165 per cent in the last 2 years.

The stock is up by 26.73 per cent in 6 months and gave multibagger returns of 157.42 per cent in the last 2 years.

The stock has a PE of 14.92x and an ROE of 29.12 per cent with multibagger returns of 118.12 in just 1 year.

Looking at the action in the stock price today, it looks like the market anticipates stellar results from the company.