Djjain

Long on L&T Finance....But why ?

Long
NSE:LTF   L&T FINANCE LTD
Technical Analysis
1. Close to breakout ie. R1
2. Breakout in RSI
3. EMA bullish Cross about to happen

Fundamental Analysis
* Opportunity
1. P/B ratio is low
2. Dividend Yield is good compares to peers
3. YOY Quarterly profit is Higher then peers
4. Compounded sales growth is increasing
5. Promoters' shareholding is 63.67%
6. Reserves is increasing

*Weakness
1. Company have huge borrowing
2. EPS is low compare to peers and historic data
3. Interest coverage ratio is low

** This is the right time to invest in this company.
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