L&T Finance gains on raising Rs 380 crore through NCDs
L&T Finance is currently trading at Rs. 314.55, up by 1.75 points or 0.56% from its previous closing of Rs. 312.80 on the BSE.
The scrip opened at Rs. 312.85 and has touched a high and low of Rs. 315.70 and Rs. 312.30 respectively. So far 112591 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 329.40 on 06-Jan-2026 and a 52 week low of Rs. 194.40 on 11-Aug-2025.
Last one week high and low of the scrip stood at Rs. 315.90 and Rs. 297.65 respectively. The current market cap of the company is Rs. 78735.53 crore.
The promoters holding in the company stood at 65.99%, while Institutions and Non-Institutions held 22.53% and 11.48% respectively.
L&T Finance has raised Rs 380 crore through allotment of non-convertible debentures (NCDs). The company has allotted 380 subordinated, unsecured, rated, listed, redeemable, NCD of the face value of Rs 1 crore on a private placement basis to the identified investors. The NCDs have a tenor of 3653 days and carry a coupon rate of 8.20% per annum.
