L&T stock zooms after arm acquires 20-acre Gurugram land for 3.6 million sq ft projectL&T stock zooms after arm acquires 20-acre Gurugram land for 3.6 million sq ft project

Introduction

Leading real estate developer acquired full stake in Delhi based company to expand NCR presence with 20 acres Gurugram land and large scale development potential.

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Share price movement of L&T

On 27 April 2026, Larsen & Toubro Ltd opened at ₹4,050.35, up 0.90% from its previous close of ₹4,013.95. The stock reached a high of ₹4,089.00 (1.87%) and a low of ₹4,037.40. By 1:21 PM, it traded at ₹4,087.20, a 1.82% increase, with a market cap of ₹5,62,248.39 crore.

L&T Realty NCR Expansion Deal

L&T Realty Properties Ltd (LTRPL), a wholly owned subsidiary of L&T, operating in the urban-premium and luxury real estate segments across four cities, acquired 100% stake in International Green Scapes Ltd in Delhi to strengthen its real estate development portfolio across urban premium and luxury segments operations.

The acquisition provides 20 acres of land in Gurugram with development potential of around 3.6 million square feet marking the company’s first NCR micro market entry expansion.

During FY 2025-26, L&T Realty entities completed land acquisitions across Mumbai, Delhi and Bengaluru with combined development potential of 3 million square feet supporting medium term growth plans.

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

Larsen & Toubro Ltd delivered a 1-week return of -0.91%, a 6-month return of 1.42%, and a 1-year return of 22.7%.

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Shareholding pattern of L&T

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	0.00%	0.00%	0.00%
FII	18.80%	20.10%	19.50%
DII	43.60%	43.20%	43.60%
Public	37.60%	36.70%	36.90%

About L&T

Larsen & Toubro Ltd (NSE: LT) is a multinational EPC conglomerate providing engineering, infrastructure, defence, power, IT and financial services across domestic and international markets.

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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.

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