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Wednesday 21 January 2015
L&T Finance holding - Good for long term
Stock has posted stunning Q3 result , and expected boost in infra project after budget, and thus a good time ahead for the co. It can be good buy around 70-72 level for the medium to long term.
Net profit rose 28.6% at Rs 76.7 crore against Rs 59.6 crore and revenue up 16.3% at Rs 2,167.1 crore against Rs 1,863.4 crore.
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