Buy Shriram Finance Ltd For Target Rs. 775 by Motilal Oswal Financial Services Ltd

* Estimate disbursements of ~INR453b, leading to AUM of ~INR2.65t (up 18% YoY/ ~4% QoQ).
* Credit cost is likely to remain stable QoQ at 2.2%.
* Margin is expected to contract ~10bp QoQ to 8.9%.
* Commentaries on loan growth in CV and on asset quality in 2W and PL segments are the key monitorables.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412








