Profit

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

NSE
596.20
Change Change %
-0.45 -0.08%

Updated:18 Sep, 2018, 15:57 PM IST

BSE
595.30
Change Change %
-1.25 -0.21%

Updated:18 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Angel Broking
N/A
01-09-2016 Buy 299.30 325.00
N/A
Target Hit Long (1Y)
01-09-2017

Angel Broking initiates RBL Bank with accumulate

Angel Bank has initiated coverage on RBL Bank with "accumulate" rating. RBL Bank stock is currently valued at 2.3 times its FY18 estimated book value of Rs 130, which we feel is quite attractive given the growth prospects. Changing business mix and stable credit cost are expected to lead to a predictable earnings growth.

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