Buy LT Finance; target of Rs 330: Emkay Global Financial
Emkay Global Financial's research report on LT FinanceLTF reported another strong quarter, with its highest-ever PAT of Rs9.7bn (+33% yoy) and AUM of Rs1.37trn (+28% yoy), led by robust disbursements in Gold Loans, Personal Loans, and SME. Credit costs declined 8bps qoq to 2.46%, aided by better co…