L&T Finance Holdings moves up on raising Rs 205 crore through NCDS
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L&T Finance Holdings is currently trading at Rs. 168.45, up by 0.85 points or 0.51% from its previous closing of Rs. 167.60 on the BSE.
The scrip opened at Rs. 168.25 and has touched a high and low of Rs. 169.85 and Rs. 165.45 respectively. So far 153622 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 174.85 on 05-Jan-2024 and a 52 week low of Rs. 78.97 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 169.85 and Rs. 157.20 respectively. The current market cap of the company is Rs. 41988.42 crore.
The promoters holding in the company stood at 65.90%, while Institutions and Non-Institutions held 19.75% and 14.36% respectively.
L&T Finance Holdings has raised Rs 205 crore through allotment of 20,500 Listed, Secured, Rated, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each, through private placement basis, to the identified investors on January 29, 2024. The maturity of the said NCDs will be on March 23, 2029.
L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.
