Growth outlook steady; getting future-ready under new leadership

Company
14 Oct 2024
5 Min read 
  • Nitin Aggarwal recommends buying BSE SENSEX S&P CNX at INR 187 with a target price of INR 230 (+23%)
  •  FB shows strong growth over FY22-24 and an estimated 18% loan CAGR during FY25-27
  •  New CEO expected to drive strategic changes for growth and profitability
  •  Strong underwriting practices lead to healthy asset quality
  •  Business ratios and efficiency ratios are maintained for the BUY rating
  •  Data is based on estimates from MOFSL
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