L&T Finance may test Rs 75, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "Numbers that we have seen from L&T Finance Holdings have been quite reasonable and this is a reasonable stock to be invested in. Over the next couple of years, once you see economy improving, you will see stocks in the kind of sector that L&T Finance is, the lending sector do better going ahead. Even in a bad market they manage to hold on their own and their results this quarter also has been fairly okay. So my near-term target would be Rs 75 and my recommendation would be to hold."

At 14:50 hrs L&T Finance Holdings was quoting at Rs 65.15, down Rs 0.45, or 0.69 percent on the BSE.