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L&T Finance Holdings gains on stake sell buzz

15 Sep 2015 Evaluate

L&T Finance Holdings is currently trading at Rs. 67.00, up by 0.15 points or 0.22% from its previous closing of Rs. 66.85 on the BSE.

The scrip opened at Rs. 67.25 and has touched a high and low of Rs. 67.30 and Rs. 66.40 respectively. So far 124905 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 76.95 on 19-Nov-2014 and a 52 week low of Rs. 58.00 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 67.40 and Rs. 62.80 respectively. The current market cap of the company is Rs. 11479.50 crore.

The promoters holding in the company stood at 72.93% while Institutions and Non-Institutions held 5.13% and 21.93% respectively.

Private equity (PE) player Bain Capital is reportedly planning to acquire 15-20 per cent stake in L&T Finance Holdings, the financial services unit of construction and engineering conglomerate L&T. The private equity player is likely to buy stake at Rs 70-75 per share. Currently, L&T holds 72 per cent stake in L&T Finance Holdings.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries. 

L&T Finance Share Price

287.35 7.05 (2.52%)
17-Apr-2026 16:59 View Price Chart
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