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Monday , 17 December 2018
Breaking News

BUY: Karur Vysya Bank ACCUMULATE: Dewan Housing Finance, KEI Industries

 
Company
Rating
CMP (Rs.)
Target (Rs.)
Upside (%)
Rationale
Dewan Housing Finance
Accumulate
545
610
12.0
With a focus on the low and medium income (LMI) consumer segment, the company has increased its presence in tier-II & III cities where the growth opportunity is immense.
Karur Vysya Bank
Buy
145
180
23.8
Loan growth is likely to pick up after a sluggish FY17. Lower credit cost will help in strong bottom-line growth. Increasing share of CASA will help in NIM improvement.
KEI Industries
Accumulate
356
380
6.9
High order book execution in EPC segment, rising B2C sales and higher exports to boost the revenues and profitability

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