2025-04-10 11:03:50 am | Source: Motilal Oswal Financial Services Ltd
Buy Cholamandalam Inv. & Fin Ltd For Target Rs. 1,690 by Motilal Oswal Financial Services Ltd
* Estimate business AUM to grow ~26% YoY.
* Margin is likely to expand ~10bp QoQ to 6.95%.
* Credit costs are expected to decline ~40bp QoQ to~1.2%.
* Guidance on margins, loan growth, and credit costs in new businesses will be closely monitored.
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