May 4, 2018 / 5:39 AM / 2 months ago

BUZZ-India's L&T Finance Holdings rises most in over 3 months on strong profit

May 4 (Reuters) - ** L&T Finance Holdings Ltd shares rise as much as 5 pct in biggest daily pct gain since Jan 25

** Non-banking financial company’s Q4 consol profit rose 28 pct to 4.06 bln rupees

** Co’s March qtr average Assets Under Management of investment management business up 68 pct at 659.32 bln rupees

** Brokerage Prabhudas Lilladher says loan book growth of 26 pct “commendable”, cites improvement in asset quality as main highlight

** Twelve of 14 brokerages rate stock “buy” or higher, one “hold”; median PT is 226 rupees

** Stock has fallen 1.3 pct this year up to Thursday, compared with a 2.5 pct increase in the Nifty Finance index

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