₹160.2
0.31%
Low
Day's Volatility:1.53%
High
1.22%
39.26%
Low
52 Weeks Volatility:51.00%
High
11.74%
Returns % | |
1 Month Return | -0.37 % |
3 Month Return | -8.3 % |
1 Year Return | + 61.59 % |
Market Stats | |
Previous Close | ₹₹160.70 |
Open | ₹₹161.45 |
Volume | ₹2.95L |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹39,997.27Cr |
based on 15 analysts
Based on 15 analysts offering long term price targets for L&T Finance Ltd. An average target of ₹182.13
Source: S&P Global Market Intelligence
Organisation | L&T Finance Ltd |
Headquarters | Mumbai |
Industry | Finance |
E-voting on shares | Click here to vote |
Key events for L&T Finance Ltd
L&T Finance is targeting a 25% compound annual growth rate (CAGR) over the next few years with focus on consolidating its retail lending business. The company plans to completely exit the wholesale segment by 2026 and transform itself into a 100% retail non-banking financial company (NBFC). L&T Finance's new offering, Complete Home Loan, signifies a fresh impetus to its mortgage business.
L&T Finance Reports 11% YoY Rise in Q4 Net Profit - 12 May, 2024
L&T Finance Ltd's consolidated net profit rose by 11% YoY to ₹554 crore in Q4 FY24, driven by healthy NIMs and fees. The company will continue to focus on microfinance and rural finance.
L&T Finance Launches Digitized Home Loan; Considers Divestment of Wholesale Book - 09 May, 2024
L&T Finance has launched The Complete Home Loan, offering flexibility and convenience in acquiring essential furnishings. Meanwhile, CEO Sudipta Roy said the company would consider divesting its wholesale book if it receives the right valuation.
L&T Finance Expands Retail Lending Business Pan India - 08 May, 2024
L&T Finance is expanding its retail lending business across India to capitalize on the rising demand for homes. The company aims to grow at 25% YoY compared to the industry average of 10-12% in FY24. Additionally, L&T Finance has launched a sonic brand identity and is integrating technology into all customer touchpoints.
L&T Finance Holdings Receives Buy Rating from Analysts - 30 Apr, 2024
Analysts at Anand Rathi and Sharekhan have recommended a buy rating for L&T Finance Holdings with target prices of Rs 205 and Rs 185 respectively. The company's Q4 FY2024 earnings were below estimates, but its retail business growth was solid.
L&T Finance Reports Strong Q4 Results - 29 Apr, 2024
L&T Finance reports strong Q4 results with net profit up 10.54% YoY to Rs 553.88 crore, disbursements increasing by 24.8% YoY, and gross NPA decreasing to 2.84%. The company also signs agreements with four fintech/e-commerce firms for loan origination.
L&T Finance Reports Rise in Q4 Net Profit; Plans Fundraising for FY25 - 28 Apr, 2024
L&T Finance reports an 11% YoY rise in Q4 net profit to Rs 554 crore, driven by a growth in net interest income. The company also plans to raise funds through short-term borrowings and external commercial borrowings in FY25, with expected margins of 11.0-11.25%.
L&T Finance Reports Rise in Net Profit for Q4FY24 - 27 Apr, 2024
L&T Finance reports a rise in its consolidated net profit for Q4FY24, with NII up 14% YoY and retail disbursements rising 33% YoY.
Fundamentals of L&T Finance Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Retail Holding Up
Retail Investor have increased holdings from 14.36% to 14.40% in Mar 2024 quarter
FII Holding Up
Foreign Institutions have increased holdings from 9.45% to 9.83% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 4 quarters, 3.37K Cr → 3.67K Cr (in ₹), with an average increase of 2.8% per quarter
MF Holding Up
Mutual Funds have increased holdings from 2.67% to 3.40% in Mar 2024 quarter
Against Peers
In the last 1 year, Indian Railway Finance Corporation Ltd has given 398.5% return, outperforming this stock by 336.9%
Against Peers
In the last 3 years, Indian Railway Finance Corporation Ltd has given 631.6% return, outperforming this stock by 552.0%
Promoter Holding Down
Promoters have decreased holdings from 65.90% to 65.86% in Mar 2024 quarter
Price Dip
In the last 3 months, LTF stock has moved down by -8.3%
Profit Down
Netprofit is down for the last 2 quarters, 640.18 Cr → 553.88 Cr (in ₹), with an average decrease of 13.5% per quarter
L&T Finance Ltd in the last 5 years
Lowest (5.22x)
March 23, 2020
Today (17.21x)
May 17, 2024
Industry (30.91x)
May 17, 2024
Highest (26.55x)
May 9, 2018
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 65.86% | 0.00 | |
Foreign Institutions | 9.83% | 0.00 | |
Mutual Funds | 3.4% | 0.00 | |
Retail Investors | 14.4% | 0.00 | |
Others | 6.52% | 0.00 |
Technicals of L&T Finance Ltd share
News & Events of L&T Finance Ltd
L&T Finance Ltd (LTF) share price today is ₹160.2
L&T Finance Ltd is listed on NSE
L&T Finance Ltd is listed on BSE
PE Ratio of L&T Finance Ltd is 17.21
PE ratio = L&T Finance Ltd Market price per share / L&T Finance Ltd Earnings per share
Today’s traded volume of L&T Finance Ltd(LTF) is 2.95L.
Today’s market capitalisation of L&T Finance Ltd(LTF) is ₹39997.27Cr.
L&T Finance Ltd(LTF | Price |
---|---|
52 Week High | ₹179 |
52 Week Low | ₹97.3 |
L&T Finance Ltd(LTF) share price is ₹160.2. It is down -10.50% from its 52 Week High price of ₹179
L&T Finance Ltd(LTF) share price is ₹160.2. It is up 64.65% from its 52 Week Low price of ₹97.3
L&T Finance Ltd(LTF | Returns |
---|---|
1 Day Returns | -0.5% |
1 Month Returns | -0.37% |
3 Month Returns | -8.3% |
1 Year Returns | 61.59% |