The Equicom Financial Research Blog L&T Finance hits 52-week low despite better Q2 numbers

Gross NPA was down at Rs 6,119 crore, while net NPA was at Rs 2,296 crore. Shares of L&T Finance Holdingstouched 52-week low of Rs 111.20, down 12 percent intraday Thursday despite company posted better numbers for the quarter ended September 2018. The company's Q2 consolidated net profit increased by 65 percent to Rs 560.41 crore [...]