L&T gains as its arm strengthens real estate development portfolio with IGSL acquisition
The acquisition enables LTRPL to leverage 20 acres of land owned by IGSL in Gurugram
Larsen & Toubro is currently trading at Rs. 4073.55, up by 59.60 points or 1.48% from its previous closing of Rs. 4013.95 on the BSE.
The scrip opened at Rs. 4050.35 and has touched a high and low of Rs. 4081.10 and Rs. 4037.40 respectively. So far 14787 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4440.00 on 24-Feb-2026 and a 52 week low of Rs. 3231.30 on 25-Apr-2025.
Last one week high and low of the scrip stood at Rs. 4,149.55 and Rs. 3,470.00 respectively. The current market cap of the company is Rs. 559675.96 crore.
The Institutions and Non-Institutions held 62.35% and 37.65% stake in the company respectively.
Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Realty Properties (LTRPL) has acquired 100% stake in International Green Scapes (IGSL), Delhi. The acquisition enables LTRPL to leverage 20 acres of land owned by IGSL in Gurugram, significantly strengthening its real estate development portfolio. Marking LTRPL’s first land acquisition in the NCR micro-market, it offers a development potential of around 3.6 million square feet.
Further, during FY 2025-26, LTRPL and L&T Realty Developers -- another wholly-owned subsidiary of the company, have cumulatively completed land acquisitions across Mumbai, Delhi and Bengaluru, having an aggregate development potential of 3 million square feet. The acquisitions have strengthened the development potential over the medium-term.
The company has already embarked on a journey to consolidate all its Realty businesses under a single entity, subject to requisite regulatory approvals. Upon completion of the consolidation process, L&T Realty would emerge as a unified, future-ready entity capable of capitalising on India’s real estate growth.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

