the company is aimed to increase the return on equity. reliance captial & muthoot finance with market cap of over 14000 crores are trading at rs.563 and rs.363 respectively. but l&t finance with market cap over 16000 crores is trading at rs 92. hence there is a huge risk of take over by the peers
about 4 hrs 9 min 28 sec ago
Prabhudas Lilladher : "The optimism is because L&T Finance has changed its strategy," "It is focussing on driving ROE, Return On Equity, to 18-20 per cent by 2020 by cutting out unprofitable products. Earlier, the strategy was not clear, the structure was complex and the ROE was sub-optimal." said
about 4 hrs 15 min 36 sec ago
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