{"id":119941,"date":"2024-02-28T16:04:36","date_gmt":"2024-02-28T10:34:36","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=119941"},"modified":"2024-02-28T16:56:39","modified_gmt":"2024-02-28T11:26:39","slug":"midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/","title":{"rendered":"Midcap stock to buy now for an upside of 20%; Do you hold it?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3424021860\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a &#8216;buy&#8217; recommendation.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2542230785\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 41,391.08 crore, the shares of L&amp;T Finance Holdings Ltd were trading at Rs 166.50 per share, decreasing around 1.69 percent as compared to the previous price.&nbsp;<\/p><p>Looking into L&amp;T Finance Holding&#8217;s performance, revenue increased by 3 percent from Rs 3,432 crore in Q3FY23 to Rs 3,534 crore in Q3 FY24. During the same period, net profit increased by 41 percent, from Rs 453 crore to Rs 639 crore.&nbsp;<\/p><p><strong>Motilal Oswal, one of the well-known brokerages in India, gave a \u2018Buy\u2019 call on the Fintech stock with a target price of Rs 200 indicating a potential upside of 20 percent from Wednesday&#8217;s price of Rs 166.50 per share.&nbsp;<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-713698902\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Here is the explanation for the possible upward target:&nbsp;<\/p><p>\u25cf LTFH has significantly boosted business momentum in its rural finance segment. Within its MFI business, 68% of the 9MFY24 disbursements were toward existing customers, thereby facilitating enhanced customer retention.&nbsp;<\/p><p>\u25cf Within its two-wheeler division, the company&#8217;s percentage of top clients in quarterly disbursements increased to 41% from 35% in the third quarter of FY23. LTFH has used its current 2W customer database and agreements with over 20 digital\/web aggregators to source personal loans (PLs).&nbsp;<\/p><p>\u25cf In SME finance, LTFH has been actively focused on digitization and expanding its channel and branches. It expects geo-expansion and newer sub-products (aimed at specific ticket sizes) to act as the next lever for growth.&nbsp;<\/p><p>\u25cf LTFH&#8217;s credit rating is AAA from all credit rating agencies. The credit rating is based on a diverse retail mix, greater provision coverage ratio, and solid backing from parent L&amp;T.&nbsp;<\/p><p>In the SME market, the business has maintained a monthly disbursal run rate of Rs. 300 crore or more, strengthened its geo presence by 56 additional sites using the hub and spoke model, and expanded the channel ecosystem through digital and voice activities.<\/p><div class=\"trade-content-10\" id=\"trade-3892449913\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>L&amp;T Finance Holdings Ltd is an NBFC that provides a wide variety of financial products and services, including farm equipment financing, two-wheeler financing, microloans, consumer loans, home loans, loans against property (LAP), real estate financing, infrastructure financing, infrastructure debt funds, and other services.&nbsp;<\/p><p><strong>Written by:- Abhishek Singh<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-44166196\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a &#8216;buy&#8217; recommendation.&nbsp; With a market capitalization of Rs 41,391.08 crore, the shares of L&amp;T Finance Holdings Ltd were trading at Rs 166.50 per share, decreasing around 1.69 percent as compared to the previous price.&nbsp; Looking into L&amp;T [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-119941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Midcap stock to buy now for an upside of 20%; Do you hold it? - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a &#039;buy&#039; recommendation.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Midcap stock to buy now for an upside of 20%; Do you hold it?\" \/>\n<meta property=\"og:description\" content=\"The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a &#039;buy&#039; recommendation.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-28T10:34:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-28T11:26:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/\",\"url\":\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/\",\"name\":\"Midcap stock to buy now for an upside of 20%; Do you hold it? - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\",\"datePublished\":\"2024-02-28T10:34:36+00:00\",\"dateModified\":\"2024-02-28T11:26:39+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a 'buy' recommendation.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Midcap stock to buy now for an upside of 20%; Do you hold it?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Midcap stock to buy now for an upside of 20%; Do you hold it? - Trade Brains Features","description":"The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a 'buy' recommendation.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/","og_locale":"en_US","og_type":"article","og_title":"Midcap stock to buy now for an upside of 20%; Do you hold it?","og_description":"The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a 'buy' recommendation.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-02-28T10:34:36+00:00","article_modified_time":"2024-02-28T11:26:39+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/","url":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/","name":"Midcap stock to buy now for an upside of 20%; Do you hold it? - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","datePublished":"2024-02-28T10:34:36+00:00","dateModified":"2024-02-28T11:26:39+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a 'buy' recommendation.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image-1.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/midcap-stock-to-buy-now-for-an-upside-of-20-do-you-hold-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Midcap stock to buy now for an upside of 20%; Do you hold it?"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/119941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=119941"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/119941\/revisions"}],"predecessor-version":[{"id":119942,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/119941\/revisions\/119942"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/98559"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=119941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=119941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=119941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}