MUMBAI: L&T Finance, which recently redefined its business strategy, is headed for a re-rating. Marico chairman Harsh Mariwala, an independent board member of L&T Finance, bought 46,000 shares in the company early this week from open market.
With a loan book size exceeding Rs 57,000 crore and pan-India reach with 700-plus points of presence across 24 states, L&T Finance has built a strong position in the Indian financial services industry.
https://economictimes.indiatimes.com/markets/stocks/news/marico-chairman-harsh-mariwala-buys-stake-in-lt-finance/articleshow/56247640.cms?from=mdr