BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura recommends buy on Shriram Transport Finance
Nomura has recommended buy on Shriram Transport Finance for target price of Rs 1,250. It expects the used CV asset quality cycle to reverse, and STFC's valuations at 1.6x FY19F book were reasonable.