LKP Finance & LKP Securities

LKP Finance (BSE Scrip ID 507912) at 77 (Book Value Rs 129). Company pays Rs 7 Dividend, which gives 9% tax free yield.

Plus company has lots of investment in Shares on which it earns LTCG tax free profit and Dividend, which it shares with the shareholders by way of dividend.

It is also holding co. Of LKP Securities and few more good business like a Cement company and a wealth management company .


LKP Securities (BSE 540192) RS 8.9 FV Rs.2 demerged from LKP Finance, available at dirt cheap valuations at market cap of only 60 Cr (compared to rich valuations for listed brokerage house like Motilal, IIFL, Geojit, etc. )due to fund selling post demerger (like Arvind Infra, Marico Kaya, Max Venture, etc) The company is one of the oldest and leading brokerage house of the country.

Once selling from funds gets absorbed and circuit filter revised from 5% to 10% & 20%, the stock can easily make new highs in the medium to long term.