CMP: 46

L&T Finance Holdings Limited is a financial holding company. The Company offers a diverse range of financial products and services across the corporate, retail, and infrastructure finance sectors, as well as fund products and investment services.

L&T Finance Holdings is a strong mid-cap stock which listed only recently with its IPO issued in late 2011. Its trading at a P/E of over 100. Revenues have only started flowing in the last quarter. As earnings rolls out, the P/E should settle down below 30. It runs at Zero debt. There's not much of financial info from the past. Profits have been on the rise consistently over last few quarters. Buy and hold for long term gains.