“Analysts are bullish on Larsen & Toubro (L&T), projecting a 13-16% upside from Friday's closing price of ₹3,915. This optimism is driven by a record order book of ₹7.8 lakh crore as of June 2026, robust capital expenditure demand, and growing presence in offshore wind. Execution momentum and order inflows are expected to improve in H2FY27, despite Q1 challenges.”