HSBC on L&T Fin ; Buy, TP cut to Rs 310

Sound 2QFY27 results with most metrics broadly in line with estimates; softer disbursements, asset quality were concerns However, management commentary on both was reassuring; upgrade EPS by 0.8-4.6% for FY27-29e on better NIM outlook TP cut to reflect macro-economic concerns in valuation multiples

L&T FINANCE LIMITED

← Back to feed