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Buy L&T Finance Holdings: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying L&T Finance Holdings.

October 24, 2013 / 11:13 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "L&T Finance Holdings continues to show strength. So at some point, I assume the technicals will meet the fundamentals and prices will stall. That point probably hasn't come. So for somebody willing to take a swing trade L&T Finance is a buying opportunity, it is not a day trade."

At 10:38 hrs L&T Finance Holdings was quoting at Rs 78.60, up Rs 1.30, or 1.68 percent. It has touched an intraday high of Rs 78.80 and an intraday low of Rs 77.30. The share touched its 52-week high Rs 97.35 and 52-week low Rs 55.05 on 19 December, 2012 and 30 October, 2012, respectively. Currently, it is trading 19.26 percent below its 52-week high and 42.78 percent above its 52-week low. Market capitalisation stands at Rs 13,500.32 crore. Disclosure: No personal holdings in stock discussed.
first published: Oct 24, 2013 11:13 am

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