Profit

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

NSE
238.05
Change Change %
-12.40 -4.95%

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

BSE
238.00
Change Change %
-12.80 -5.10%

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
16-06-2017 Buy 605.10 767.00
N/A
Target Hit Long (1Y)
16-06-2018

Edelweiss maintains buy on Reliance Capital

Reliance Capital's focus on profitable growth with run down in non-core assets will enhance capital efficiency and improve core performance. Though insurance profitability remains under pressure, we expect improvement post consolidation. We believe potential improvement in earnings will narrow down the discount between current price and inherent fair value of core businesses.

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