Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "L&T Finance Holdings is not the best of the lot. It’s the easiest to buy today because it has already gone through a correction and L&T Finance has been a distinct underperformer. So while most NBFCs have done very well, made lifetime highs even Mahindra & Mahindra Financial Services, L&T Finance has not done that. It was in a trading range, but maybe it is breaking out of that range. If that is so then we are buying a good quality stock at a significant dip."
At 09:46 hrs L&T Finance Holdings was quoting at Rs 72.45, up Rs 1.80, or 2.55 percent.
The share touched its 52-week high Rs 88.35 and 52-week low Rs 62.30 on 13 March, 2014 and 08 May, 2014, respectively.
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