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On September 10, 2024, L&T Finance, a leading finance and NBFC company in India, saw a 3.28% increase in its stock performance, outperforming the sector by 3.85%. The stock has been on a consecutive gain for the last two days, with a 3.48% increase. L&T Finance’s moving averages are higher than the industry average, indicating a positive trend. It has also outperformed the Sensex in both 1-day and 1-month performance, reflecting its strong position in the industry.
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L&T Finance, a leading finance and non-banking financial company (NBFC) in India, has seen a positive trend in its stock performance on September 10, 2024. The stock has gained 3.28% and has been recommended as a ‘Hold’ by MarketsMOJO.
In terms of price summary, L&T Finance has outperformed the sector by 3.85% and has been on a consecutive gain for the last two days, with a 3.48% increase in returns during this period. The stock also touched an intraday high of Rs 171, showing a 2.89% increase.
Moving averages for L&T Finance are higher than the 5-day, 20-day, 100-day, and 200-day moving averages, indicating a positive trend. However, it is lower than the 50-day moving average.
In comparison to the Sensex performance, L&T Finance has shown a 1-day performance of 3.88% while the Sensex has only gained 0.69%. Similarly, in the last month, L&T Finance has outperformed the Sensex with a 3.94% increase compared to the Sensex’s 3.03% increase.
L&T Finance’s stock performance reflects its strong position in the finance and NBFC industry, making it a reliable choice for investors. With its consistent growth and positive trend, L&T Finance continues to be a top player in the largecap category.