Profit

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

NSE
61.30
Change Change %
1.45 2.42%

Updated:27 Nov, 2020, 10:24 AM IST

BSE
61.15
Change Change %
1.25 2.09%

Updated:27 Nov, 2020, 10:34 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Emkay Global
N/A
01-07-2019 Buy 108.45 130.00
N/A
Closed Medium (6M)
01-08-2019

Emkay Recommends 'Buy' On Federal Bank

Emkay is positive on Federal Bank mainly due to its clear focus on profitable growth driven by retail to sustainably raise its otherwise sub-par core return of assets, its contained corporate stress pool and reasonable valuations. Better execution of retail strategy and the potential acquisition of a micro-finance company at reasonable valuations could provide further upside to the bank's return ratios, the brokerage adds.

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