Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
940.75
Change Change %
-1.40 -0.15%

Updated:15 Nov, 2018, 15:55 PM IST

BSE
939.70
Change Change %
-2.65 -0.28%

Updated:15 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
29-12-2015 Buy 493.50 589.00
N/A
Target Hit Custom
29-12-2016

Motilal Oswal initiates coverage on SKS Microfinance

Motilal Oswal has initiated coverage on SKS Microfinance with 'buy' for target price of Rs 589/share. Motilal Oswal says that the stock has multiple near term triggers and its competitive positioning is likely to improve. Motilal adds that its political risk has reduced significantly and regulatory environment is supportive for the sector. The brokerage expects 42 per cent compounded annual growth in profit after tax over coming years and says that its premium valuations are likely to sustain.

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