Prefer L&T Finance Holdings: Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "You could possibly look at L&T Finance Holdings. Aditya Birla Capital was a business which was demerged from Grasim and listed as a separate entity, only time will tell in terms of earnings as to how it will be delivered on a standalone basis because up till now, we had consolidated number coming through in form of Grasim numbers."

"I hope the pedigree is good undoubtedly, but since we do not have a specific coverage on Aditya Birla Capital, I would not be able to comment on that, point number one. Point number two, my other choice if you want to make a fresh investment is L&T Finance Holdings," he said.