BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
HDFC Securities recommends buy on Muthoot Finance
HDFC Securities has recommended buy on Muthoot Finance for target price of Rs 546. It says with a more stable regulatory environment, healthy return on equity, expected improvement in RoA, low asset quality risk and a gradual pick-up in loan growth in the medium term, we believe Muthoot's valuations are quite attractive.