Geojit Financial Services research report on Larsen and Toubro Finance Ltd. L&T Finance Ltd (LTF) offers financial products and services in the corporate, infrastructure and retail sectors. It also offers fund products and investment services. L&T Finance’s net interest margin (NIM) fell 37bps QoQ to 8.9% (+32bps YoY) in Q2FY25, due to a 16bps QoQ dip in yield on advances from portfolio.
Open FlipHindustan Unilever reported 1.5% YoY revenue growth in Q2FY25, driven by growth in the home care segment, while beauty and personal care and foods segments declined. Despite higher input costs and declining EBITDA margin, the company expects low-single-digit price growth in the near future. Geojit Financial Services maintains a BUY rating with a target price of Rs. 2,820.
Open FlipShares of Triveni Engineering and Industries dropped as much as 5 percent on November 6, weighed down by the company's dismal earnings performance for the July-September quarter. The company reported a consolidated net loss of Rs 22.4 crore for the September quarter, a sharp downturn from a net profit of Rs 29.1 crore in the same period last year, due to subdued profitability.
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