Profit

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

NSE
464.15
Change Change %
-3.40 -0.73%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
460.00
Change Change %
-6.40 -1.37%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
29-07-2016 Buy 332.30 410.00
N/A
Target Hit Long (1Y)
29-07-2017

Edelweiss maintains buy on Muthoot Finance

Edelweiss maintained "buy" call on Muthoot Finance with revised target price of Rs 410 compared to Rs 290 earlier. Muthoot Finance's Q1 net profit surpassed estimates on account of better collections. The stock is trading at 1.9 times FY18 estimated price to average book value, is still at a discount to un-secured lenders, which we expect to narrow as the company delivers on growth.

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