1 lakh invested in L&T in 2006.

If someone would have invested Rs 1 lakh in L&T in 2006. What would present value? L&T ( Larsen & Toubro Ltd.)

L&T is largest construction company in the India. It also present in Nifty50. L&T diversified company but its main buisness construction.

L&T diversified his buisness

• Technology

• Engineering

• Construction

• Manufacturing

• Financial services conglomerate with global operations.

L&T is a large cap. Company The market cap of L&T is Rs 3,11,819 crore and CMP (current market price) of L&T is Rs 2260.

Dividend yield – 0.64%

Shareholding pattern of L&T (Larsen and Toubro)

01 Promoters – 00.00%

02 MF (Mutual fund) – 17.60%

03 DII – 21.17%

04 FII – 24.48%

05 Retail and others- 36.75%

L&T price in 2006 L&T share price in 2006 is Rs 280 (approx). Let us assume if someone invested Rs 1 lakh in L&T he got 357 shares. Let’s find out the present value of 357 shares.

1 lakh invested in L&T

L&T bonus and stock split history

L&T gave four time Bonus since 2006

01 Bonus 1:1 (2006) – 714 shares

02 Bonus 1:1 (2008) – 1428 shares

03 Bonus 1:2 (2013) – 2142 shares

04 Bonus 1:2 (2017) – 3213 shares

In 2023 L&T convert your 357 shares to 3213 shares.

Present value of 3213 shares of L&T is Rs 7,261380

Means L&T convert your Rs 1 lakh into Rs 72 lakh approx

Time period – 17 years

CAGR of L&T is 28.61%

Note – Compounding is the 8th wonder of this world

Some interesting fact about about L&T India is a developing country and L&T is India No. 1 engineering and construction company. For the next 15 years there are huge growth opportunities for L&T, L&T is fully professional managed company and it will continue creating great value for all stakeholders. It will keep rewarding their shareholders with consistent dividend payout and bonus shares