NBFC

Buy Magma Fincorp Ltd For Target Rs.95 - ICICI Sec..

Strategic reorientation yielding results; value unlocking to drive rerating Magma Fincorp’s (Magma) Q3FY21 earnings were a mixed bag as rise in vulnerable poo..

Add Computer Age Management Services Ltd For Targe..

Play on industry AUM growth Computer Age Management Services (CAMS) is the leading Mutual Fund Registrar and Transfer Agent (MF RTA) of India (69.2% market share as o..

Sundaram Finance : Healthy performance; growth cat..

Hold Sundaram Finance Ltd For Target Rs.2,450 Healthy performance; growth catalyst visible Sundaram Finance (SFL) is a Chennai-based NBFC with a presence in auto ..

Healthy performance across parameters - Emkay Glob..

Buy Power Finance Corporation Ltd For Target Rs.210 Healthy performance across parameters * PFC reported a healthy PAT of Rs23.3bn in Q3FY21, backed by consistency..

Update On Bajaj Holdings and Investments Ltd By HD..

Our Take: Bajaj Holding is purely an investment company with no own operations and is registered with the RBI as a NBFC-ICC. Majority of its value comes from the inves..

Mid Cap : Buy Bharat Forge Ltd For Target Rs. 723 ..

Higher revenue visibility for long term. Bharat Forge Ltd (BFL) is a leading player in the forgings industry. The company is serving several sectors including automobi..

Large Cap : Buy Inter Globe Aviation Ltd For Targe..

Near term concerns to stay... long term positives to out-weigh InterGlobal Aviation Ltd (Indigo) is one of the most efficient low cost carriers (LCC) with a market ..

Neutral Indostar Capital Finance Ltd For Target Rs..

Disbursements recovering; share of corporate loans declines * Indostar Capital Finance (INDOSTAR)’s 3QFY21 PAT was down ~25% QoQ to INR242m. While operating prof..

Banking and NBFC Sector Update - Ears to the groun..

Ears to the ground: From new normal to super normal * HFCs/NBFCs’ market share losses in housing continue; private auto segment too joins the trend: The trend of..

Reduce Indostar Capital Finance Ltd For Target Rs...

Soft core; asset quality concerns galore INDOSTAR’s 3QFY21 earnings were ahead of our estimates aided by one-off gains on de-recognition of loan assets. The comp..

India's NBFCs need to plan for an effective IBOR t..

India's NBFCs need to plan for an effective IBOR (Interbank Offered Rate ) transition, as majority of LIBOR (London Interbank Offered Rate) rates are likely to be pha..

NBFCs continue to lose market share in housing and..

According to a report from Emkay Global Financial Services, due to lower interest rates and longer loan tenures, customers are favouring banks over NBFCs. Recent comment..