2025-01-17 12:11:08 pm | Source: Motilal Oswal Financial Services Ltd
Buy Cholamandalam Investment And Finance Ltd For Target Rs. 1,470 by Motilal Oswal Financial Services Ltd
* Estimate business AUM to grow ~31% YoY
* Margin is likely to expand ~5bp QoQ to 6.85%.
* Credit costs are expected to improve ~10bp QoQ to~1.5%.
* Guidance on margins, loan growth, and asset quality of new businesses are expected to be closely monitored.
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