Deal▼ Bearish for L&T

L&T extends Hyderabad Metro stake sale deadline to December 31

1 source · first seen 17:05 30 Sept · updated 17:05 30 Sept

The brief

Written from 1 report · check the source before you trade

L&T extended the ₹1,461 crore Hyderabad Metro stake-sale deadline to December 31
The company has pushed back the deal for the second time and gave no reason for the delay
The delayed sale postpones proceeds for L&T and keeps uncertainty around its Hyderabad Metro stake

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1 report · earliest 17:05