L&T Finance's Stock Hits 52-Week Low, 'Sell' Call by MarketsMOJO

Nov 13 2024 09:35 AM IST
share
Share Via
L&T Finance, a leading NBFC in India, has seen a dip in its stock price, hitting a 52-week low of Rs. 136.4 on November 13, 2024. MarketsMojo has given a 'Sell' call. The stock has underperformed the sector by -1% and is trading below its moving averages. Its performance over the past year has been -5.96%. Investors should carefully consider all factors before making any investment decisions.

L&T Finance, a leading finance and non-banking financial company (NBFC) in India, has recently seen a dip in its stock price. On November 13, 2024, the company's stock hit a 52-week low of Rs. 136.4. This has led to a 'Sell' call by MarketsMOJO, a leading stock market analysis platform.

The stock's performance today has been underwhelming, underperforming the sector by -1%. This is in line with the stock's recent trend of consecutive falls, with a -2.53% return in the last 2 days. Additionally, L&T Finance's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, L&T Finance's performance over the past year has been -5.96%, while the Sensex has seen a growth of 21.03%. This indicates a decline in the company's stock value.

While the reasons for this dip in stock price are not mentioned, investors should take note of the current trend and make informed decisions. L&T Finance, being a largecap company in the finance and NBFC industry, is a significant player in the market. However, it is important to consider all factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News