The stock of L&T Finance Holdings is trading down by 0.9% at Rs 132.90 per share at 01:09 PM IST on the BSE. It hit a high of Rs 134.50 per share and a low of Rs 132.70 per share so far during the day.
L&T Finance Holdings to allot 6,38,20,990 equity shares on a preferential basis
The company on Wednesday announced that the Committee of Directors of the company at its meeting held on 17 May 2017 has approved the allotment of 6,38,20,990 (six crore thirty-eight lakhs twenty thousand nine hundred and ninety) equity shares to BC Asia Growth Investments pursuant to conversion of warrants issued on 18 December 2015, on a preferential basis, as per BSE filing.
On the NSE, the traded volume of the stock is 7,70,858 shares, whereas the traded value of the stock is Rs 1030.64 lakhs. The market capitalisation of the company is 7795.67 crores.
L&T Finance Holdings Limited is a non-banking financial institution core investment company.
Stock View:
L&T Finance Holdings Ltd is currently trading at Rs 133, down by Rs 1.15 or 0.86% from its previous closing of Rs 134.15 on the BSE.
The scrip opened at Rs 134 and has touched a high and low of Rs 134.5 and Rs 132.7 respectively. So far 877318(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 23575.44 crore.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 140.3 on 05-May-2017 and a 52 week low of Rs 70.1 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 136.6 and Rs 130.4 respectively.
The promoters holding in the company stood at 66.62 % while Institutions and Non-Institutions held 15 % and 18.38 % respectively.
The stock is currently trading above its 50 DMA.
L&T Finance Holdings Ltd
BSE 133.00 [1.15] ([0.86]%)
NSE 133.15 [1.40] ([1.04]%)
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