LT Group stocks on a lucky streak as majority of them turn into mutlibaggers in the last two years!

Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. A strong, customer-focussed approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over eight decades.  

Larsen & Toubro (L&T) Group is engaged in core, high-impact sectors of the economy while its integrated capabilities span the entire spectrum of ‘design to delivery’. Every aspect of L&T's business is characterised by professionalism and high standards of corporate governance. Sustainability is embedded into its long-term strategy for growth.  

The company’s manufacturing footprint extends across eight countries in addition to India. L&T leads in nearly every sphere of business it operates in and serves customers in more than 50 countries, across various industries.   

Moreover, Larsen & Toubro was one of the top-performing stocks in today’s market and a severe sell-off was also seen. The stock gained over 2 per cent and these gains have been witnessed on a day when there was bloodshed on D-Street.   

Let us now look at the performance of L&T Group stocks in the past two years: 

Interestingly, out of the five listed stocks of the group, four stocks turned into multibagger ">Multi-baggers. MindTree turned out to be a three-bagger. The performance of other stocks is also commendable. LTTS, L&T, and LTI have delivered gains of 143.96 per cent, 113.83 per cent & 110.97 per cent, respectively.   

L&T Finance Holdings has relatively unperformed compared to other stocks but it managed to stay in green with gains of nearly 21 per cent.   

What do you think - Can L&T Group continue its bull run or not? Share your views in the comments section.