Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

L&T Finance (LTFL.BO)

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rs)	Price Target (Rs)	Rating
2021-08-20	79.20	-	No Rating
2022-02-24	62.30	74.409	Buy
2022-04-22	88.65	-	No Rating
2022-05-12	75.45	74.409	Buy
2022-05-31	75.80	-	No Rating
2024-07-01	190.00	230.00	Buy

Disclosures

Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day.