Q3 Results: Indiamart Intermesh, L&T Finance, KEI Industries, ICICI Pru Share Price Targets Revised
2025-01-22
Business Today on MSN.com
L&T Finance reported a 2% YoY decline in Q3 profit, but surpassed consensus estimates due to lower credit costs. Notably, a larger portion of MFI provisioning is now expected to occur in Q4FY25, unlike the initial guidance of equal drawdowns in Q3 and Q4, which may impact share prices. Key players like Indiamart Intermesh, KEI Industries, and ICICI Pru are also in focus post Q3 results. With the revised guidance, investors are advised to keep a close eye on these stocks, considering factors like financial performance, market trends, and economic indicators. This development may influence investment decisions and share price movements in the coming quarter.
