Profit

L&T Finance Shares Down on Lower Share Sale Price

 Share
EMAIL
PRINT
COMMENTS

Shares in L&T Finance Holdings Ltd fell as much as 5.3 per cent after the company set a floor price at a discount of 9.7 per cent to its Tuesday's close.

L&T Finance said late on Tuesday that it will sell up to 16.5 million shares to institutional investors at Rs74 a share as against Tuesday's close of Rs81.9.

Shares in L&T Finance is trading 4.5 per cent lower at Rs78.20 at 9:16 a.m.

Copyright: Thomson Reuters 2014

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top