L&T Finance Limited

LTF

INE498L01015

Corporate Financial Services

Market Closed - NSE India S.E. Other stock markets 07:47:54 2024-06-21 EDT			5-day change	1st Jan Change
183 ^INR	-0.33%		+4.08%	+10.90%

06-13	L&T Finance Limited Announces Cessation of Pavninder Singh as Director (Nominee Director)	CI
06-13	L&T Finance Limited announced that it has received INR 5.344819524 billion in funding from Morgan Stanley	CI

L&T Finance Limited announced that it has received INR 5.344819524 billion in funding from Morgan Stanley

June 12, 2024

L&T Finance Limited announced a private placement of 3,13,29,540 equity shares at a price of INR 170.60 per share for the gross proceeds of INR 5,344,819,524 on June 13, 2024. The transaction included participation from new investor, Morgan Stanley.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	L&T FINANCE LIMITED	183 INR	-0.33%	+4.08%	5.42B
	MORGAN STANLEY	96.16 USD	-1.31%	+0.79%	158B

Latest news about L&T Finance Limited

L&T Finance Limited Announces Cessation of Pavninder Singh as Director (Nominee Director)	06-13	CI
L&T Finance Limited announced that it has received INR 5.344819524 billion in funding from Morgan Stanley	06-12	CI
Bain Capital and BNP Paribas Reportedly to Sell L&T Finance Shares Worth INR 15,000 Million	06-11	CI
Transcript : L&T Finance Limited, Q4 2024 Earnings Call, Apr 29, 2024	04-29
L&T Finance Holdings Posts Gains in Fiscal Q4 Consolidated Net Profit	04-28	MT
L&T Finance Limited Proposes Final Dividend for the Financial Year 2023-24, Payable on or Before July 25, 2024	04-27	CI
L&T Finance Limited Reports Earnings Results for the Full Year Ended March 31, 2024	04-27	CI
L&T Finance Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	04-27	CI
L&T Finance Holdings Limited will Change its Name to L&T Finance Limited	04-23	CI
L&T Finance Limited Receives Order from Department of Goods & Service Tax, Government of Maharashtra	04-19	CI
L&T Finance Limited Receives Order from the State Goods & Service Tax Department, Government of Rajasthan	04-09	CI
L&T Finance Limited Announces Cessation of Independent Directors	04-01	CI
L&T Finance Limited Announces Superannuation of Rupa Rege Nitsure as Chief Economist	04-01	CI
L&T Finance Holdings Changes Name	03-29	MT
L&T Finance Gets Board Nod to Raise Up To INR 1.01 Trillion	03-19	MT
L&T Finance Appoints Gigesh Gangadharan as Head of Digital Marketing	03-10	CI
Transcript : L&T Finance Holdings Limited, Q3 2024 Earnings Call, Jan 24, 2024	01-24
L&T Finance Holdings Sees Rise in Fiscal Q3 Consolidated Net Profit	01-24	MT
L&T Finance Appoints CEO	01-23	MT
L&T Finance Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	01-23	CI
India's L&T Finance Holdings completes merger with subsidiaries	12-04	RE
L&T Finance Holdings Appoints Chief Risk Officer	12-04	MT
L&T Finance Signs Loan Deal with ADB for $125 million	11-23	MT
India's tougher personal loan rules may force some NBFCs to tap bond market	11-20	RE
L&T Finance Appoints Kavita Jagtiani as its Chief Marketing Officer	11-11	CI

Chart L&T Finance Limited

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Company Profile

L&T Finance Limited is an India-based non-banking financial company with presence across the lending business catering to the diverse financing needs of served and underserved customers. It offers personal loans, two-wheeler loans, home loans, rural business loans, farm loans, and small and medium-sized enterprises (SME) loans. It operates in three segments: Retail Business, Wholesale Business, and Defocused Business. Its Retail business comprises of comprises of farmer finance, two-wheeler finance, rural business finance, consumer finance, home loan, loan against property, and SME Finance. Its Wholesale Business comprises of Infrastructure Finance and Real Estate Finance. Its Defocused Business comprises of structured corporate loans, debt capital market, commercial vehicle finance, construction equipment finance, supply chain finance, SME term loans and other discontinued products. It offers a range of insurance product, such as Life Insurance, Health Insurance and General Insurance.

Sector

Corporate Financial Services

Calendar

2024-06-25 - Annual General Meeting

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Ratings for L&T Finance Limited

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Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

183 INR

Average target price

190.2 INR

Spread / Average Target

+3.94%

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