Brokerages Maintain Bullish Stance On L&T Finance On In-Line Business
Thu, Jul 4, 2024 12:02 PM

Brokerages Maintain Bullish Stance On L&T Finance On In-Line Business

A Flip by Riya Sharma
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L&T Finance's Q1FY25 update showed a 33% year-on-year increase in retail disbursements to ₹14,830 crore, with urban finance growing 44.25% to ₹6,040 crore and rural business finance up 27.90% to ₹5,770 crore. The company's retail loan book jumped 31% to ₹84,440 crore. Brokerages UBS and Citi maintained "buy" calls with target prices of ₹230 and ₹221, respectively.

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