2025-01-17 01:39:32 pm | Source: Motilal Oswal Financial Services Ltd
Buy Rural Electrification Corporation Ltd For Target Rs. 630 by Motilal Oswal Financial Services Ltd
* Disbursements/AUM expected to grow ~16%/18% YoY.
* Expect credit costs to remain benign, aided by stress assets resolutions.
* Margin are likely to contract ~15bp QoQ to ~3.5%.
* Commentaries around margins and guidance on disbursements/AUM growth are the key monitorables.
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