L&T Finance Holdings has better times ahead: Reasons why it is stock pick of the week

L&T Finance Holdings (LTFH) has reported lower than expected numbers for the second quarter of 2021-22. Slippage by one large NCR-based real estate account has resulted in spiking of its credit costs and pulled down its net profit q-o-q. Lower provisioning last year due to moratorium is another reason why its consolidated net profit fell by 10% y-o-y. However, analysts are getting bullish on this counter and the strong momentum in LTFH's rural