L&T Finance Holdings CMP: 44 , 52 Week Low 40.10
L&T Finance Holdings Limited is a financial holding company of L&T Group. It is a mid-cap stock that offers a diversified range of financial products and services across the corporate, retail, and infrastructure finance sectors, as well as fund products and investment services.
L&T Finance Holdings is listed in the year 2011. Its trading at a P/E of around 90 and Revenues have only started flowing in the last quarter. As earnings rolls out, the P/E should come down below 30. Profits growth have been on the rise consistently over last few quarters.
We Expect a positional Buy for long term for a munchy returns in future.
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