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L&T exits Hyderabad Metro with ₹1,461 crore stake sale; stock in focus

News by Aliceblue News Desk

30 Apr 2026

L&T exits Hyderabad Metro with ₹1,461 crore stake sale; stock in focus

Introduction

Leading engineering and infrastructure company signed agreement to sell entire stake in Hyderabad metro subsidiary to Telangana government enterprise for Rs.1,461.47 crore.

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Share price movement of L&T

On April 30, 2026, Larsen & Toubro Ltd opened at ₹4,071.80, down 0.58% from its previous close of ₹4,095.75. The stock reached a high of ₹4,095.75 and a low of ₹3,991.70. By 11:15 AM, it traded at ₹3,998.60, a 2.37% decline, with a market cap of ₹5,50,060.29 crore.

L&T Exits Hyderabad Metro Business

Larsen & Toubro executed a Share Purchase Agreement with Hyderabad Metro Rail Limited to sell its entire stake in L&T Metro Rail Hyderabad for Rs.1,461.47 crore.

The transaction involves divestment of 741.29 crore equity shares of L&T Metro Rail Hyderabad. The company expects completion of the sale by June 30, 2026.

L&T Metro Rail Hyderabad reported revenue of Rs.1,100.13 crore and net worth of Rs.807.49 crore for FY25. The transaction is not classified as a related party deal.

Stock performance of L&T for period of 1 week, 6 months, and 1 year

Larsen & Toubro Ltd delivered a 1-week return of 1.04%, a 6-month return of 1.62%, and a 1-year return of 22.6%.

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Shareholding pattern of L&T

ParticularsMar 2026Dec 2025Sep 2025
Promoter0.00%0.00%0.00%
FII18.80%20.10%19.50%
DII43.60%43.20%43.60%
Public37.60%36.70%36.90%

About L&T

Larsen & Toubro Ltd (NSE: LT) provides engineering, procurement and construction services across infrastructure, hydrocarbon, power, defence, information technology and financial services sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Larsen & Toubro Ltd share price in focus today?

A: Larsen & Toubro Ltd signed agreement to sell Hyderabad metro subsidiary stake for Rs.1,461.47 crore to Telangana enterprise.

Q: What is Larsen & Toubro Ltd’s main business focus?

A: Larsen & Toubro Ltd provides EPC solutions across infrastructure, hydrocarbon, power, defence, information technology and financial services sectors.

Q: What are the 52-week high and low of Larsen & Toubro Ltd stock?

A: Larsen & Toubro Ltd stock touched a 52-week high of Rs.4,440 and a 52-week low of Rs.3,284.60.

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