Ircon International Limited vs Larsen & Toubro Limited
Compared on live NSE market data
Ircon International Limited vs Larsen & Toubro Limited: which is better?
Ircon International Limited (IRCON) and Larsen & Toubro Limited (LT) are both listed on the National Stock Exchange, and both operate in Construction — so this is a like-for-like comparison rather than two unrelated businesses. Everything below is computed from the official NSE daily Bhavcopy: closing price, 52-week range, traded value and, where reported, valuation metrics.
On one-year price return Larsen & Toubro Limited is ahead, +3.28% against -35.06%. Put concretely: ₹1,00,000 put into Larsen & Toubro Limited a year ago would be worth about ₹1,03,282 today on price alone, against roughly ₹64,937 in Ircon International Limited — a difference of ₹38,346. Dividends are not included in either figure.
Relative to their own trading ranges, Larsen & Toubro Limited sits 2.0% below its 52-week high while Ircon International Limited is 38.9% below its own. That is a wide divergence: one is trading near the top of its yearly range and the other well off it. A large drawdown can mark either a buying opportunity or a business whose outlook has deteriorated — the number alone does not distinguish between them.
Measured from the other end, Ircon International Limited trades 16.3% above its 52-week low (range ₹95.76–₹182.37) and Larsen & Toubro Limited 27.3% above its own (₹3,288.1–₹4,272.3). A wider band generally means a more volatile stock over the past year.
Trailing P/E is not available for either company in our NSE dataset, so a like-for-like valuation comparison is not possible here. Check the company's latest reported earnings before judging either on price alone.
Liquidity differs too: Larsen & Toubro Limited traded about ₹1347.7 Cr on the latest session against ₹43.8 Cr for Ircon International Limited. Both see enough daily volume that an ordinary retail order should execute without materially moving the price.
None of these figures identifies a "better" stock on its own, and they frequently disagree — the cheaper name is often cheaper for a reason, and the stronger one-year performer may already have priced in its good news. What the numbers do is narrow the question: if the two look similar on returns and valuation, liquidity and position in the 52-week band become the deciding factors. Read them alongside the companies' actual results, debt and sector outlook.
Figures are end-of-day from the NSE Bhavcopy and may be delayed. This comparison is informational and is not investment advice — consider a SEBI-registered adviser before buying either.
Key takeaways
- Larsen & Toubro Limited has the stronger 1-year return (+3.28% vs -35.06%).
- Larsen & Toubro Limited is closer to its 52-week high (2.0% below vs 38.9%).
Frequently Asked Questions
Which has given better returns — Ircon International Limited or Larsen & Toubro Limited?
Over the last year, Larsen & Toubro Limited returned more (Ircon International Limited: -35.06%, Larsen & Toubro Limited: +3.28%). These are price returns from NSE closing data and exclude dividends. Past performance does not guarantee future results.
Is Ircon International Limited or Larsen & Toubro Limited closer to its 52-week high?
Larsen & Toubro Limited is closer, trading 2.0% below its 52-week high against 38.9% for Ircon International Limited. Being near a high is not automatically bullish, nor is a large drawdown automatically a bargain — both need the underlying business context.
Which is more liquid — Ircon International Limited or Larsen & Toubro Limited?
Larsen & Toubro Limited, with roughly ₹1347.7 Cr of traded value in the latest session against ₹43.8 Cr for Ircon International Limited. Higher turnover generally means tighter spreads and easier exits, which matters most if you ever need to sell in a hurry.
Should I invest in Ircon International Limited or Larsen & Toubro Limited?
Neither is universally better — it depends on your horizon, risk appetite and what you already hold. Use the returns, valuation, 52-week position and liquidity above to narrow the question, then check each company's latest results and debt before deciding. A single stock should form only part of a diversified portfolio.
Can I hold both Ircon International Limited and Larsen & Toubro Limited?
Yes, though be aware both operate in Construction. Holding two companies from the same industry gives you less diversification than it appears, since the same sector-wide events tend to move both in the same direction.
Price, turnover and 52-week data from the official NSE daily Bhavcopy; returns computed from our own stored daily history. Figures are not adjusted for stock splits or bonus issues. Analysis computed from that data. Not financial advice — always do your own research before investing.