2025-10-16 09:32:07 am | Source: Motilal Oswal Financial Services ltd
Buy L&T Finance Ltd for the Target Rs. 300 by Motilal Oswal Financial Services Ltd
* LTF reported retail loan growth of ~17% YoY.
* NIM is expected remain broadly stable QoQ at ~10.5%.
* Anticipate credit costs to rise ~15bp QoQ to ~2.7% (annualized) in 2QFY26.
* Outlook on the MFI business is the key monitorable.
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