BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Deutsche Bank initiates Federal Bank with buy
See attractive risk-reward ratio for Federal Bank. Improving business mix augurs well for future. Strong operating leverage will support earnings. Stock trades at attractive valuation of one times its FY17 estimated book value per share.