INSUBCONTINENT EXCLUSIVE:
Jay Thakkar of Anand Rathi has a buy call on LT Finance Holdings Ltd
with a target price of Rs 142
The current market price of LT Finance Holdings Ltd
is Rs 135.9 Time period given by the analyst is Intra Day when LT Finance Holdings Ltd
price can reach the defined target
Jay Thakkar recommended to keep stoploss at Rs 133
LT Finance Holdings Ltd., incorporated in 2008, is a largecap company with a market cap
of Rs 27243.61 crore.
LT Finance Holdings Ltd
key Products/Revenue Segments include Dividend which contributed Rs 376.92 Crore to Sales Value (83.77 % of Total Sales) and Interest which
contributed Rs 73.01 Crore to Sales Value (16.22 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 3246.30 Crore, up 6.75 % from last quarter Sales of
Rs 3041.04 Crore and up 36.18 % from last year same quarter Sales of Rs 2383.82 Crore Company has reported net profit after tax of Rs 559.12
The company’s top management includes Dr.(Mrs.)Rajani Gupte, Mr.B Prabhakar, Mr.Dinanath Dubhashi, Mr.Harsh Mariwala, Mr.P V Bhide,
Mr.Pavninder Singh, Mr.R Shankar Raman, Mr.S V Haribhakti, Mr.T Thomas Mathew, Ms.Nishi Vasudeva
Company has Deloitte Haskins Sells LLP as its auditoRs As on 30-09-2018, the company has a total of 1,997,049,785 shares outstanding
