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Larsen & Toubro (L&T) has sold its entire 89% stake in L&T Infocity (LTIL) to Hyderabad-based Ace Urban Developers for Rs 191 crore.

L&T Infocity is a special purpose vehicle (SPV) formed by the infrastructure major in partnership with Andhra Pradesh Infrastructure Investment Corporation (APIIC) to develop IT infrastructure in Andhra Pradesh.

Larsen & Toubro Share Price

4050.20 190.75 (4.94%)
12-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4050.20
Rail Vikas Nigam 233.25
NCC 151.55
KEC International 504.30
Kalpataru Projects 1302.50
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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