BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss maintains buy on Muthoot Finance
Despite demonetisation, Q3 performance was much better, says the brokerage, which has raised FY17/18 EPS estimate by 12%/8%. "While follow-up impact of demonetisation remains a risk, Muthoot still has levers to improve RoE from 15% to over 20%, which will help re-rating," it says.