Profit

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

NSE
Capital First Ltd. - (Amalgamated) is not traded on NSE in the last 5 days
BSE
Capital First Ltd. - (Amalgamated) is not traded on BSE in the last 5 days

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Jefferies
N/A
04-08-2016 Hold 686.65 747.00
N/A
Target Hit Long (1Y)
04-08-2017

Jefferies downgrades Capital First to hold

Jefferies has downgraded Capital First to "hold" from "buy" with a target price of Rs 747. Credit costs of the company increased due to change in provisioning norms. We raise FY17-18 earnings estimates by 8-12 per cent. At current valuation the stock trades at 2.9 times FY18 estimated book value.

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