INSUBCONTINENT EXCLUSIVE:
Kunal Bothra of Independent Analyst has buy call on L-T Finance Holdings Ltd
with a target price of Rs 104.0
The current market price of L-T Finance Holdings Ltd
is Rs 101.3 Kunal Bothra recommended to keep stoploss at Rs 96
L-T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap
company (having a market cap of Rs 19534.96 Crore) operating in NBFC sector
key Products/Revenue Segments include Dividend which contributed Rs 343.79 Crore to Sales Value (71.30 % of Total Sales), Interest which
contributed Rs 137.94 Crore to Sales Value (28.61 % of Total Sales) and Income From Sale Of Share - Securities which contributed Rs .38
Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 3611.31 Crore, up .47 % from last quarter Sales of Rs
3594.54 Crore and up 11.24 % from last year same quarter Sales of Rs 3246.30 Crore Company has reported net profit after tax of Rs 174.51
Shankar Raman, Mr.S V Haribhakti, Mr.T Thomas Mathew, Ms.Nishi Vasudeva
Company has Deloitte Haskins - Sells LLP as its auditoRs As on 30-09-2019, the company has a total of 2,000,480,460 shares outstanding.