L&T Finance shares down on lower share sale price

Tags: Companies
Shares in L&T Finance Holdings Ltd fell as much as 5.3 percent after the company set a floor price at a discount of 9.7 percent 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 74 rupees a share as against Tuesday's close of 81.9 rupees.

Shares in L&T Finance is trading 4.5 percent lower at 78.20 rupees at 9:16 a.m.

EDITORIAL OF THE DAY

  • In these three-odd years, BSE Sensex hit a lifetime high of 30,000 from 20,000

    Amassive 1,000 per cent surge in 120 stocks from October 13, 2013 till date, after Narendra Modi was declared BJP’s prime ministerial candidate is s

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Disequilibrium : THE UGLY AND INCONVENIENT TRUTH

Same song, different verse. The time for polemics over how ...

Gautam Datt

Terror comes calling again in Valley

The attack on army camp in Jammu and Kashmir’s Kupwara ...

Kuruvilla Pandikattu

The forgotten hero of science & religion

Young students of science will recognise Albert Einstein, Isaac Newton, ...