b6eff5f1-55c0-4873-afa2-64a4a9b1daee.pdf (1.6 MB)
Results are as per management guidance and growth in vehicle finance business is heartening. Post housing finance exit, book value will be more than 300 and current price likely to get re rated in 2-3 years.
QIP proceeds and recent rating change to AA- will help in growth capital and reducing interest rates will support return ratios.
Brookfield parentage ensures governance and Madhu soodan consistent holding gives more confidence in the building story.
I see it as a doubler in 3years. Am I missing anything?
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