Larsen Finance is a good bet for long term, its a new stock and a good bet for 2 years period, should fair returns, upto 40-75% range or more depending on stock performance and results. The company is giant with more then 50 years of business reputation globally.
Are you talking about Larsen & Toubro (L&T)? They are good for long term. Don't know much about their financial arm. If you are referring to any other company, please give me the stock quote and other details.
The stock has under performed since its ipo, ipo was priced at 52, and currently larsen finance holding stock is trading at similar levels. Long term is certainly good, ready to bet on it. it is a large finance company and shall be one of the leading brands in next 2-4 years period
Hi... Is this stock listed anywhere else? I can't invest in India, because the Indian government does not allow non-citizens to make direct investments in its equity market. L&T is listed in many Stock Exchanges in Europe. But I don't know whether L&T Finance is listed anywhere outside India.
currently its listed in indian exchange only, will update you if it gets listed in any other exchange, also will check for direct foreign investment option in stock trading for international investors.
