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Comment On RBI Monetary Policy By Dr. Rupa Rege Nitsure, L&T Finance Below Comment On RBI Monetary Policy By Dr. Rupa Rege Nitsure – Group Chief Economist, L&T Finance “By holding the rates & policy stance, the RBI has shown its firm commitment to achieving the point target of inflation without compromising financial stability. In fact, the RBI appears to be more concerned about inflationary risks than growth risks during the second half of FY24. Additional measures like liberalizing the norms for borrowings in Call & Notic...
Comment On RBI Monetary Policy By Dr. Rupa Rege Nitsure, L&T Finance
Comment On RBI Monetary Policy By Dr. Rupa Rege Nitsure, L&T Finance
Source: PR Agency
8/06/2023 5:50:45 PM
Stock Picks : Tata Power Ltd and L&T Finance Holding Ltd By ICICI Direct Tata Power Ltd Buy Tata Power Ltd @215.20-215.80 CMP 217.00; Target 219.70; Stop Loss 213.70   L&T Finance Holding Ltd Buy L&T Finance Holding Ltd @102.70-103.30 CMP 103.25; Target 104.60; Stop Loss 102.20   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Regist...
Stock Picks : Tata Power Ltd and L&T Finance Holding Ltd By ICICI Direct
Stock Picks : Tata Power Ltd and L&T Finance Holding Ltd By ICICI Direct
Source: ICICI Direct
30/05/2023 10:59:24 AM
Buy L&T Finance Holdings For Target Rs 112 - Religare Broking Ltd L&T Finance Holdings Ltd. (L&TFH) * L&TFH has had a history of volatile swings since listing however it rewards traders if timed well around the reversals. * It had been trading in a prolonged corrective phase after making a record high around 194 levels in 2017 and finally witnessed a breakout from the same of late. Besides, it has been forming higher lows for the last two years and formed a reversal pattern too. * All indications put together are pointing towards a stea...
Buy L&T Finance Holdings For Target Rs 112 - Religare Broking Ltd
Buy L&T Finance Holdings For Target Rs 112 - Religare Broking Ltd
Source: Religare Broking Ltd
24/01/2023 9:43:17 AM
Buy L&T Finance Holdings Ltd For Target Rs.115 - JM Financial Institutional Securities Ltd Optimism on OMCs contingent on crude sustaining below ~USD 80/bbl In 3QFY23, L&T Finance Holdings (LTFH) reported PAT of INR 4.5bn (+39% YoY/ +12% QoQ), aided by robust NII (at INR16.9bn, +24% YoY/ +8% QoQ). Credit costs (provisions as % of avg. loans) marginally inched-up QoQ to 2.3% (vs 2.2% QoQ). Operating performance continued healthy trajectory (PPOP at INR 12.4bn +8% YoY/ +5% QoQ). Other key highlights for the quarter: i) disbursements were strong (up, 36% YoY and 19% QoQ), prope...
Buy L&T Finance Holdings Ltd For Target Rs.115 - JM Financial Institutional Securities Ltd
Buy L&T Finance Holdings Ltd For Target Rs.115 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
20/01/2023 1:12:12 PM
PLANET app by L&T Financial Services crosses 1.5 million downloads Mumbai: PLANET (Personalised Lending & Assisted NETworks) app, launched earlier this financial year for enabling convenience at fingertips of the valued customers of L&T Financial Services under the Lakshya 2026 mission, has crossed the 1.5 million downloads milestone The mobile application, soft-launched in April 2022, helps customers manage their loan relationship with L&T Financial Services in a convenient and easy manner. It helps them seamlessly manage their loan accounts ...
PLANET app by L&T Financial Services crosses 1.5 million downloads
PLANET app by L&T Financial Services crosses 1.5 million downloads
Source: PR Agency
3/01/2023 3:13:34 PM
L&T Finance Holdings is taking coordinated action on climate issues, shows latest carbon disclosure rating L&T Finance Holdings is taking coordinated action on climate issues, shows latest carbon disclosure rating * L&T Finance Holdings Limited has received a CDP score of ‘B’ in 2022, a significant improvement from its previous score of ‘D' * The score signifies that the company is taking coordinated action on climate issues L&T Finance Holdings (LTFH), one of the leading, retail finance oriented Non-Banking Financial Companies (NBFC), has...
L&T Finance Holdings is taking coordinated action on climate issues, shows latest carbon disclosure rating
L&T Finance Holdings is taking coordinated action on climate issues, shows latest carbon disclosure rating
Source: PR Agency
23/12/2022 1:57:13 PM
Weekly Tech Picks: APL Apollo Tubes Ltd, L&T Finance Holdings Ltd, Coforge Ltd, Dalmia Bharat Ltd By Axis Securities APL Apollo Tubes Ltd. • APL Apollo Tubes Ltd on the weekly time frame has decisively broken out above the “multiple resistance zone” which was placed between 1150-1177 levels. • Stock is also respecting the upward sloping trendline and forming a higher high-low on weekly chart. This formation indicates a positive uptrend.. • The breakout is accompanied with an increase in volume confirming participation at breakout level. • The daily and weekly stre...
Weekly Tech Picks: APL Apollo Tubes Ltd, L&T Finance Holdings Ltd, Coforge Ltd, Dalmia Bharat Ltd By Axis Securities
Weekly Tech Picks: APL Apollo Tubes Ltd, L&T Finance Holdings Ltd, Coforge Ltd, Dalmia Bharat Ltd By Axis Securities
Source: Axis Securities Ltd
5/12/2022 12:32:10 PM
Buy L&T Finance Holding Ltd For Target Rs.100 - Emkay Global Financial Services Ltd Earnings reflect normalization of credit costs going ahead * L&T Finance Holdings (LTFH) reported Q2FY23 PAT of Rs4.1bn. Excluding income from the discontinued business, PAT was 2% above our estimates. Disbursements increased 5.6% QoQ/50.6% YoY, driven by micro finance and consumer loans. AUM grew 2.3% QoQ/3.6% YoY. With focus on retailisation increasing, the share of retail stood at 58% of AUM (Q2FY22: 47%). NIMs increased 44bps QoQ to 7.4%, reflecting the impact of the higher-yieldin...
Buy L&T Finance Holding Ltd For Target Rs.100 - Emkay Global Financial Services Ltd
Buy L&T Finance Holding Ltd For Target Rs.100 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
28/10/2022 3:51:45 PM
Buy L&T Finance Holdings Ltd. For Target Rs. 110 - LKP Securities Investment Rationale L&TFH is on track to accomplish its LAKSHYA 2026 goals of retailisation (80% contribution) with retail growth of ~25% CAGR. Asset Quality is improving steadily and GS3 target of less than 3% can be achieved before envisioned. Standard asset coverage will safeguard the balance sheet and we may witness lower credit cost because of provision write-back. With strong operating metrics we estimate a ROA of 1.8% for FY24E. Inexpensive valuation of 1x PBVPS makes L&TFH...
Buy L&T Finance Holdings Ltd. For Target Rs. 110 - LKP Securities
Buy L&T Finance Holdings Ltd. For Target Rs. 110 - LKP Securities
Source: LKP Securities Ltd
6/06/2022 12:40:07 PM
Buy L&T Finance Holdings Ltd For Target Rs.90 - JM Financial Services Soft operating performance In 4QFY22, L&T Finance Holdings (LTFH) generated PAT of INR 3.4bn (+28% YoY/ +5% QoQ) impacted by soft operating performance with PPOP at INR 11.4bn (-23% YoY/ -2% QoQ). CIR climbed to 36% (vs. 25% YoY/ 34% QoQ) as the company is: i) building digital capabilities, ii) normalizing operations which were reduced in the wake of Covid – employee strength increased (still below pre-Covid levels) and MFI meeting centres expanded (around pre-Covid levels). Othe...
Buy L&T Finance Holdings Ltd For Target Rs.90 - JM Financial Services
Buy L&T Finance Holdings Ltd For Target Rs.90 - JM Financial Services
Source: JM Financial Services Ltd
7/05/2022 11:41:46 AM
L&T Finance to grow its retail portfolio, cut real estate and infra exposure Planning to grow its retail loan business non-banking finance company while reducing exposures to some sectors, L&T Finance Holdings Ltd is looking at bringing in promoters for real estate projects to complete some projects, Managing Director and CEO Dinanath Dubhashi said on Monday. He also said the company will look to bring in equity partners in the case of infrastructure projects. Speaking to the media, Dubhashi noted that over the last two years, the focus was on completing the...
L&T Finance to grow its retail portfolio, cut real estate and infra exposure
L&T Finance to grow its retail portfolio, cut real estate and infra exposure
Source: IANS
3/05/2022 8:52:38 AM
Key News - State Bank of India Ltd, Life Insurance Corporation , Lupin Ltd , Mahindra & Mahindra ,L&T Finance Holdings Ltd, By ARETE Securities Key News SBI Multicap NFO garners Rs 7,500-8,000 crore; biggest mop-up in its space SBI Multicap Fund which closed its new fund offer (NFO) on Monday has collected Rs 7,500-8,000 crore in the fund. Officials in the industry stated that this is the highest ever collection seen in the multicap schemes. SBI Multicap Fund, an open-ended equity scheme will be investing in a mix of best ideas across large, mid, and small cap companies identified through a robust research process. The NFO o...
Key News - State Bank of India Ltd, Life Insurance Corporation , Lupin Ltd , Mahindra & Mahindra ,L&T Finance Holdings Ltd, By ARETE Securities
Key News - State Bank of India Ltd, Life Insurance Corporation , Lupin Ltd , Mahindra & Mahindra ,L&T Finance Holdings Ltd, By ARETE Securities
Source: ARETE Securities Ltd
2/03/2022 9:32:51 AM
Mid Cap : Buy L&T Finance Holdings Ltd For Target Rs.89 - Geojit Financial Mixed quarter; Retail book to underpin growth L&T Finance Holdings Limited is a financial holding company offering financial products and services in the corporate, retail and infrastructure finance areas, along with fund products and investment services. * In Q3FY22, NIM + Fee expanded by 71bps YoY to 8.1% and cost of borrowing declined 35bp YoY to 7.5%. * Business momentum was maintained as farm equipment and twowheeler loans displayed growth, whereas micro loans business volum...
Mid Cap : Buy L&T Finance Holdings Ltd For Target Rs.89 - Geojit Financial
Mid Cap : Buy L&T Finance Holdings Ltd For Target Rs.89 - Geojit Financial
Source: Geojit Financial Services Ltd
7/02/2022 9:54:15 AM
Buy L&T Finance Holdings Ltd For Target Rs.100 - Motilal Oswal Retailization momentum healthy; marginal beat on PAT * LTFH reported a 3QFY22 PAT of INR3.1b (including minority interest), 5% above estimate. PPOP stood at INR11.8b (7% beat), driven by healthy improvement in fees and other income, while provisions/credit costs of INR7.4b (8% above our estimate) dipped 5% QoQ and 28% YoY. * Loan book continued to consolidate and stood at INR856b (down ~15% YoY and 2% QoQ), driven primarily by Infrastructure loans (down 7% QoQ), LAP (down 4%), and the d...
Buy L&T Finance Holdings Ltd For Target Rs.100 - Motilal Oswal
Buy L&T Finance Holdings Ltd For Target Rs.100 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
26/01/2022 9:15:26 AM
HSBC to acquire L&T Investment Management HSBC Asset Management (India) Private Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has entered into an agreement with L&T Finance Holdings Limited (LTFH) to fully acquire L&T Investment Management Limited (LTIM) for US$425 million. LTIM is a wholly-owned subsidiary of LTFH and the investment manager of the L&T Mutual Fund. The proposed acquisition, subject to regulatory approval, will be another milestone as HSBC delivers on its strategy of becoming a l...
HSBC to acquire L&T Investment Management
HSBC to acquire L&T Investment Management
Source: PR Agency
24/12/2021 11:47:22 AM
Buy L&T Finance Holdings Ltd For Target Rs.110 - Motilal Oswal Divestment of its Asset Management business will further strengthen the balance Sheet * L&T Financial Holdings (LTFH) has entered into a definitive agreement with HSBC AMC, in which the latter will acquire 100% stake in L&T Investment Management (LTIM), the investment manager of L&T Mutual Fund (LTMF), for USD425m. In addition, LTFH will also be entitled to excess cash (INR5- 7b) in LTIM’s books until the completion of this divestment/acquisition. * Including the exces...
Buy L&T Finance Holdings Ltd For Target Rs.110 - Motilal Oswal
Buy L&T Finance Holdings Ltd For Target Rs.110 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
24/12/2021 9:43:31 AM
Key News - Jubilant Foodworks Ltd, Oriental Hotels Ltd, L&T Finance Holdings Ltd, Havells India Ltd By ARETE Securities Key News India expected to see higher salary with 9.3% hike in 2022: Report Higher salaries in India are making a comeback with 9.3 per cent hike being expected in 2022, from 8 per cent in 2021, and with companies planning to give employees larger raises as they face mounting challenges of attracting and retaining employees, according to a report. Salaries are projected to see a median salary increase of 9.3 per cent next year compared to the actual median salary increase of 8 per cent...
Key News - Jubilant Foodworks Ltd, Oriental Hotels Ltd, L&T Finance Holdings Ltd, Havells India Ltd By ARETE Securities
Key News - Jubilant Foodworks Ltd, Oriental Hotels Ltd, L&T Finance Holdings Ltd, Havells India Ltd By ARETE Securities
Source: ARETE Securities Ltd
21/10/2021 9:20:23 AM
Buy L&T Finance Holdings Ltd For Target Rs. 110 - Motilal Oswal Transient impact of COVID 2.0; recovery held up well in Jun’21 * LTFH reported a 1QFY22 PAT of INR2.7b (35% miss). Additional COVID-19 provisions stood at INR3.7b in 1QFY22. It further restructured INR9.8b under OTR 2.0. While NII was broadly in line, lower other income, and higher opex (up 31% YoY) led to a PAT miss. * Loan book fell ~11% YoY in 1QFY22, driven by a QoQ decline in Micro loans, 2W finance, and Real Estate finance. * Even though LTFH has accounted for most of the...
Buy L&T Finance Holdings Ltd For Target Rs. 110 - Motilal Oswal
Buy L&T Finance Holdings Ltd For Target Rs. 110 - Motilal Oswal
Source: Motilal Oswal Financial Services
5/08/2021 10:53:34 AM
Key News - Reliance Industries Ltd, HDFC Bank, Reliance Retail, Kirloskar Oil Engines Ltd, L&T Finance Holdings Ltd, HDFC Asset Management Company Ltd by ARETE Securities Key News RIL's retail business likely to grow 3x in next 3-5 years: Report Reliance Industries' (RIL) retail business is expected to grow three times in next the next three to five years at a robust CAGR of 35-40 per cent, said a Bernstein report. Digital or new commerce continues to scale up and contributes 10 per cent of sales, it said. It further said that, RIL's recently announced clean energy business may well be create a valuation of about $36 billion.   HDF...
Key News - Reliance Industries Ltd, HDFC Bank, Reliance Retail, Kirloskar Oil Engines Ltd, L&T Finance Holdings Ltd, HDFC Asset Management Company Ltd by ARETE Securities
Key News - Reliance Industries Ltd, HDFC Bank, Reliance Retail, Kirloskar Oil Engines Ltd, L&T Finance Holdings Ltd, HDFC Asset Management Company Ltd by ARETE Securities
Source: ARETE Securities Ltd
19/07/2021 9:08:04 AM
L&T Finance Holdings Q4 net profit down 82.68% at Rs 58.87 cr The company reported standalone net profit of Rs 58.87 crore for the quarter ended March 31, 2021 as compared to Rs 339.81 crore in the same period last year, registering a year-on-year decline of 82.68 per cent. Net revenue of the company declined substantially by 70.50 per cent at Rs 118.13 crore in January-March quarter of this fiscal as against Rs 400.49 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 17.57 per cent to Rs 7.93 cr...
L&T Finance Holdings Q4 net profit down 82.68% at Rs 58.87 cr
L&T Finance Holdings Q4 net profit down 82.68% at Rs 58.87 cr
Source: Dion Global Solutions Ltd
30/04/2021 9:56:04 AM