L&T Finance Ltd.

BSE: 533519 | NSE: LTF
Mid Cap | Finance - NBFC
305.15
-0.60 (-0.20%)
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L&T Finance Holdings gains as Citigroup hikes stake

Date: 29-12-2015

L&T Finance Holdings is currently trading at Rs. 66.10, up by 0.50 points or 0.76% from its previous closing of Rs. 65.60 on the BSE.

The scrip opened at Rs. 66.00 and has touched a high and low of Rs. 66.55 and Rs. 65.95 respectively. So far 182935 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.80 on 23-Jul-2015 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. 67.30 and Rs. 64.55 respectively. The current market cap of the company is Rs. 11588.64 crore.

The promoters holding in the company stood at 67.96% while Institutions and Non-Institutions held 10.19% and 21.84% respectively.

Citigroup has increased its stake in financial services firm L&T Finance Holdings from 5.74% to 7.56%. Citigroup Global Market Mauritius purchased 3.18 crore shares or 1.82% of L&T Finance Holdings from the secondary market valuing the transaction at about Rs 208.8 crore.

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.