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1 Comment
L&T Finance Holdings Limited is currently in a long term uptrend where the price is trading 5.0% above its 200 day moving average.
From a valuation standpoint, the stock is 80.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 6.9.
L&T Finance Holdings Limited's total revenue sank by 12.2% to $310B since the same quarter in the previous year.
Its net income has increased by 118.4% to $55B since the same quarter in the previous year.
Finally, its free cash flow grew by 183.6% to $47B since the same quarter in the previous year.
Based on the above factors, L&T Finance Holdings Limited gets an overall score of 4/5.
Industry | Credit Services |
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Sector | Financial Services |
ISIN | INE498L01015 |
CurrencyCode | INR |
Exchange | NSE |
Beta | 1.0 |
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Dividend Yield | 0.6% |
Target Price | 108 |
PE Ratio | None |
Market Cap | 217B |
L&T Finance Holdings Limited, a non-banking financial company, provides various financial solutions in India. The company operates through Rural Finance, Housing Finance, Infrastructure Finance, Defocused Business, and Others segments. The Rural Finance segment offers farm equipment finance, two-wheeler finance, and consumer finance services, as well as micro loans. The Housing Finance segment provides home loans, loans against property, and real estate finance services. The Infrastructure Finance segment offers infra finance services. The Defocused Business segment provides structured corporate loans, debt capital market, commercial vehicle finance, construction equipment finance, SME term loans, and leasing services. The Others segment offers asset management services, etc. The company was formerly known as L&T Capital Holdings Limited. L&T Finance Holdings Limited was incorporated in 2008 and is headquartered in Mumbai, India. L&T Finance Holdings Limited is a subsidiary of Larsen & Toubro Limited.
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