/ L&T Finance Holdings Jumps 4% After Harsh Mariwala Buys Shares ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 30 December 2016

L&T Finance Holdings Ltd is currently trading at Rs 88.3, up by Rs 3.45 or 4.07% from its previous closing of Rs 84.85 on the BSE after Harsh Mariwala bought 46,000 shares in the company, as per TV reports.

Mariwala was quoted by the media as saying that as a board member, he had to take the relevant approvals from the board before purchasing the shares in his individual capacity. The scrip opened at Rs 85.9 and has touched a high and low of Rs 88.65 and Rs 85.85 respectively. So far 6107930 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 14890.72 crore.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 109.15 on 01-Nov-2016 and a 52 week low of Rs 48.3 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 85.8 and Rs 81 respectively. The promoters holding in the company stood at 66.68 % while Institutions and Non-Institutions held 13.79 % and 19.53 % respectively. The stock is currently trading below its 100 DMA.
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