BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Deutsche Bank maintains buy on Shriram Transport Finance Company
Deutsche Bank has maintained its "buy" rating on Shriram Transport for a target of Rs 1,420. Growth outlook is strong for Shriram Transport. Normalisation of credit costs to drive RoAs. We estimate FY17 and FY18 RoE at 15-16 per cent.