Buy L&T Finance Holdings Ltd.

L&T Finance Holdings Ltd.

C.M.P-61.65/-                                                                                                              Dt:-17/07/2020.

Target Price-110/- (Holding Period-12 Months)

52 weeks High / Low  134.00 / 45.90

Promoter Holding-63.72% as on June-2020.

Promoter Pledge-0%

• Market Cap (Rs Cr.)
  12,329.84
• P/E
  46.24
• Book Value (Rs)
  39.13

• Industry P/E
  28.09
• EPS (TTM)
  1.33
• P/C
  46.24

• Price/Book
  1.57
• Dividend Yield.(%)
  1.46
• Face Value (RS)
  10.00

COMPANY OVERVIEW

L&T Finance Holdings Limited is a holding company. The Company offers a range of financial products and services across the corporate, retail and infrastructure finance sectors through its wholly owned subsidiaries. It operates primarily in the business segment of investments activity. Its product portfolio across four business groups includes retail finance, which includes construction equipment finance, transportation equipment finance, rural products finance, rural enterprise finance, micro finance and financial products distribution; corporate finance, which includes corporate loans and leases and supply chain finance; infrastructure finance, which includes project finance and corporate loans, financial advisory services and equity investments, and investment management

Pros:

Stock is trading at 0.82 times its book value

Cons:

Company has low interest coverage ratio.

Advice:-

investors are advised to consult their professional investment adviser/ consultant/ tax advisor for investment advice in this regard.