SYNOPSIS: Shares of L&T Finance rallied on Friday as it reported 39 percent YoY growth in retail disbursements to Rs. 8,009 crore, driven by digital initiatives. The company also entered the gold loan segment, targeting 200 branches by FY26.

Shares of a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services, surged nearly 11 percent to hit a new 52-week high at Rs. 305.35 on Friday. What triggered this steep rise? Let’s break it down in this article.

With a market cap of Rs. 75,942 crores, the shares of L&T Finance Limited closed in the green at Rs. 303.55 on BSE, up by around 10.3 percent, as against its previous closing price of Rs. 275.25.

The stock has delivered multibagger returns of around 111 percent in the last one year, and has gai

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