Buy L&T Finance, target price Rs 180: Motilal Oswal Financial Services
Motilal Oswal recommends buying L&T Finance, setting a target price of Rs 180. The company reported strong Q2 earnings and is strategically positioned for growth, despite moderating its MFI business due to industry stress. Analysts believe L&T Finance is well-placed to weather the current credit cycle and anticipate a stock rerating.