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Buy L&T Finance Holdings, target Rs 212: Kunal Bothra

Buy L&T Finance Holdings at a price target of Rs 212 and a stop loss at Rs 200 from entry point.

ETMarkets.com|
Oct 13, 2017, 12.56 PM IST
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Independent analyst Kunal Bothra has a buy call on L&T Finance Holdings with a target price of Rs 212.

The current market price of L&T Finance Holdings is Rs 204.35.

Time period given by the analyst is intraday when L&T Finance Holdings price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 200.

L&T Finance Holdings, incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 36,980.76 Crore) operating in Finance sector.

L&T Finance Holdings key Products/Revenue Segments include Dividend which contributed Rs 226.33 Crore to Sales Value (81.53 per cent of Total Sales) and Interest which contributed Rs 51.24 Crore to Sales Value (18.46 per cent of Total Sales)for the year ending 31-Mar-2017.

The company’s top management includes Mr.Dinanath Dubhashi, Mr.Harsh Mariwala, Mr.P V Bhide, Mr.Pavninder Singh, Mr.R Shankar Raman, Mr.Shailesh Haribhakti, Mr.T Thomas Mathew, Ms.Nishi Vasudeva, Ms.Vaishali Kasture.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 1,821,712,122 shares outstanding.

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