L&T Finance has seen a 16% decline in its stock price due to regulatory concerns in the microfinance sector. However, the company’s focus on retail lending, improving asset quality, and attractive valuation make it a buy recommendation. The company’s loan book grew 18% YoY to Rs 93,015 crore, with retail loans comprising 96% of the total.
Concurrent Gainers: 7 stocks that gained for 5 days in a row
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025