Buy L&T Finance Holdings Ltd. target Rs 163: HSBC
Buy L&T Finance Holdings Ltd. at a price target of Rs 163.
By ETMarkets.com |
HSBC has buy call on L&T Finance Holdings Ltd. with a target price of Rs 163.
The current market price of L&T Finance Holdings Ltd. is Rs 147.1.
L&T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 25886.41 crore) operating in Finance sector.
L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend which contributed Rs 301.98 crore to Sales Value (86.65 per cent of Total Sales) and Interest which contributed Rs 46.52 crore to Sales Value (13.34 per cent of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-03-2017, the company has reported a Consolidated sales of Rs 2162.56 crore, up 3.27 per cent from last quarter Sales of Rs 2093.99 crore and up 10.45 per cent from last year same quarter Sales of Rs 1957.97 crore.
Company has reported net profit after tax of Rs 313.95 crore in latest quarter.
The company’s top management includes Mr.B V Bhargava, Mr.Dinanath Dubhashi, Mr.Harsh Mariwala, Mr.Nishi Vasudeva, Mr.P V Bhide, Mr.Pavninder Singh, Mr.R Shankar Raman, Mr.S V Haribhakti, Mr.T Thomas Mathew, Mr.Y M Deosthalee, Ms.Vaishali Kasture. Company has Sharp & Tannan as its auditors. As on 17-05-2017, the company has a total of 1,821,214,997 shares outstanding.
The current market price of L&T Finance Holdings Ltd. is Rs 147.1.
L&T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 25886.41 crore) operating in Finance sector.
L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend which contributed Rs 301.98 crore to Sales Value (86.65 per cent of Total Sales) and Interest which contributed Rs 46.52 crore to Sales Value (13.34 per cent of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-03-2017, the company has reported a Consolidated sales of Rs 2162.56 crore, up 3.27 per cent from last quarter Sales of Rs 2093.99 crore and up 10.45 per cent from last year same quarter Sales of Rs 1957.97 crore.
Company has reported net profit after tax of Rs 313.95 crore in latest quarter.
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The company’s top management includes Mr.B V Bhargava, Mr.Dinanath Dubhashi, Mr.Harsh Mariwala, Mr.Nishi Vasudeva, Mr.P V Bhide, Mr.Pavninder Singh, Mr.R Shankar Raman, Mr.S V Haribhakti, Mr.T Thomas Mathew, Mr.Y M Deosthalee, Ms.Vaishali Kasture. Company has Sharp & Tannan as its auditors. As on 17-05-2017, the company has a total of 1,821,214,997 shares outstanding.
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