Buy L&T Finance Holdings, target price Rs 200: Motilal Oswal
L&T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 40746.53 Crore) operating in NBFC sector.
L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend, Interest and Income From Sale Of Share & Securities for the year ending 31-Mar-2023.
Financials For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 3581.26 Crore, up 2.85 % from last quarter Total Income of Rs 3482.07 Crore and up 2.59 % from last year same quarter Total Income of Rs 3491.01 Crore. Company reported net profit after tax of Rs 639.37 Crore in latest quarter.
Promoter/FII Holdings Promoters held 65.9 per cent stake in the company as of 31-Dec-2023, while FIIs owned 10.67 per cent, DIIs 9.07 per cent.
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