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InfrastructureHigh impactPre-market

L&T exits Hyderabad Metro with ₹1,461 crore stake sale

pre-market1 source ↓written by the desknot a recommendation

Hyderabad Limited
₹1,461.47 crore
debt burden exceeding
₹13,500 crore
to Hyderabad Metro
100% equity transfer

Larsen & Toubro has divested its entire stake in L&T Metro Rail (Hyderabad) Limited for ₹1,461.47 crore, marking a full exit from the project. This transition allows the Government of Telangana to take over operational control of the metro network, which has a debt burden exceeding ₹13,500 crore. The deal is expected to complete by June 2026.

This divestment reflects a significant shift in ownership, moving away from the public-private partnership model and indicating a consolidation of public management in urban transit.

• 100% equity transfer to Hyderabad Metro Rail Limited

• Shift to public management of Phase I metro network

• Financial restructuring with state backing

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 3 May 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

LT closed +2.2% on the day of the news, from ₹4,014.00 to ₹4,100.80; Nifty +0.5% over the same session; futures OI −1.6%.

Bulletin at 07:04 IST on 3 May 2026. Every change is measured from ₹4,014.00, the last close before it, on 30 Apr. Nifty 50 is measured over the same sessions.

  • LT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
LT closes around the bulletin against the close before the news, with Nifty 50 rebased to it369940144329axis spans 17%before the news · 30 Apr4014Nifty 50LTbulletinD0+1+3+524 Apr7 May18 MayFutures open interest, lotspeak 1,00,000Reference close ₹4,014.00. 16 sessions from 24 Apr to 18 May; the price axis spans 17 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Apr₹4,014.00basebase
On the day4 May₹4,100.80▲ +2.2%▲ +0.5%+1.6 pp difference
+1 session5 May₹4,054.50▲ +1.0%▲ +0.1%+0.9 pp difference
+3 sessions7 May₹4,023.00▲ +0.2%▲ +1.4%−1.1 pp difference
+5 sessions11 May₹3,940.20▼ −1.8%▼ −0.8%−1.1 pp difference
Gap at the open, % · ₹
▲ +0.3%+12.04 on 4 May
Day's range, % · ₹
2.8%≈ 110 high to low
Volume on the day
0.64×the 20-session average
Futures OI on the day
▼ −1.6%−1,300 lots · short covering · price +2.2%
Futures OI open, lots
81,0004 May · 26 May expiry
Futures premium, ₹
+19.50+0.5% to spot
Puts per call, by OI
0.83from 0.98 the session before
Max pain
4,100from 4,100 the session before

Source NSE UDiFF bhavcopy · LT on the desk →

Thread · LTAll LT bulletins →

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