L&T Shares Hit 10-Month High After Jefferies Ups Price Target

Larsen & Toubro shares jumped 2.6% to a 10-month high of ₹3,841 on October 15 after Jefferies raised its price target to ₹4,345 and retained a “buy” rating. The brokerage cited strong growth visibility and robust order inflows, including large grid infrastructure projects worth ₹2,500–₹5,000 crore in the Middle East.