L&T Finance stocks: Buy L&T Finance Holdings, target price Rs 90: JM Financial

has buy call on L&T Finance Holdings with a target price of Rs 90. The current market price of L&T Finance Holdings is Rs 82.55.

L&T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 20451.90 Crore) operating in the NBFC sector.

L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend, Interest for the year ending 31-Mar-2022.

Financials

For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 3257.36 Crore, up 3.88 % from last quarter Total Income of Rs 3135.80 Crore and up 3.92 % from last year same quarter Total Income of Rs 3134.46 Crore. Company reported net profit after tax of Rs 405.57 Crore in the latest quarter.

Promoter/FII Holdings
Promoters held 66.2 per cent stake in the company as of 30-Sep-2022, while FIIs owned 6.61 per cent, DIIs 5.35 per cent.

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