MarketData
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Credit Market
18 Oct 2022
Hinduja Leyland Finance Ltd Credit Analysis
The Hinduja group has stake of 99.35% in HLF as on December 31, 2021, with Ashok Leyland being the primary shareholder with around 68.81% stake. Consequently, HFL receives timely support in the form of capitalization, managerial and strategic from its promoters. Being promoter, portfolio vehicle of Ashok Leyland constituted around 35% of HLF’s portfolio as on December 31, 2020.
Subhasis Mishra
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