This Large-cap Stock, April 30 -- engaged in engineering, construction, manufacturing, technology services, and financial solutions across infrastructure and industrial sectors worldwide, is in focus after signing an agreement to sell its entire stake in L&T Metro Rail (Hyderabad) Limited to Hyderabad Metro Rail Limited for Rs. 1,461.47 crore.

With a market capitalization of Rs. 5,50,961.33 crore, the shares of Larsen & Toubro Limited were currently trading at Rs. 4,002.10 per equity share, down nearly 2.29 percent from its previous day's close price of Rs. 4,095.75.

What is the News?

Larsen & Toubro Limited has announced that it will sell its entire stake in L&T Metro Rail (Hyderabad) Limited to Hyderabad Metro Rail Limited for Rs. 1,...