Buy L&T Finance Holdings 65 Call: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "Results came out for L&T Finance Holdings and it has been adequately discounted. However, my suggestion is that there is further room in the stock. So, I am suggesting buying the 65 Call at around Rs 1.5. However, that is lower than Rs 2.20 where it had closed. So, should it come down at may be Rs 1.5 premium you buy the 65 Call with a stop loss at Re 0.80 and sell the Call at around Rs 3 in the current settlement."

At 10:46 hrs L&T Finance Holdings was quoting at Rs 65.15, down Rs 1.15, or 1.73 percent. It has touched an intraday high of Rs 67.60 and an intraday low of Rs 64.60.