Time period given by analyst is Intra Day when L&T Finance Holdings Ltd. price can reach defined target.
L&T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 23507.58 Crore) operating in NBFC sector.
L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend, Interest for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 3201.49 Crore, down -10.75 % from last quarter Total Income of Rs 3587.18 Crore and down -5.77 % from last year same quarter Total Income of Rs 3397.53 Crore. Company reported net profit after tax of Rs 177.02 Crore in latest quarter.
Investment Rationale
Trending upwards on weekly frame and follow up buying seen after range breakout on daily frame.
Promoter/FII Holdings
Promoters held 63.59 per cent stake in the company as of 30-Jun-2021, while FIIs owned 8.79 per cent, DIIs 6.57 per cent.
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