NewsPatrolling.com
DATE: 4th October 2017
|
Company
|
Rating
|
CMP (Rs.)
|
Target (Rs.)
|
Upside (%)
|
Rationale
|
|
Dewan Housing Finance
|
Accumulate
|
550
|
610
|
11.0
|
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
|
143
|
180
|
25.9
|
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
|
360
|
385
|
7.0
|
High order book execution in EPC segment, rising B2C sales and higher exports to boost the revenues and profitability
|
Please refer to the attached report.
