On a long growth runway!

Company
19 Sep 2024
5 Min read 
  • Nitin Aggarwal recommends buying AU Small Finance Bank stock for potential growth.
  •  The stock is expected to reach INR 830, a 15% increase.
  •  The bank's loan and deposit CAGR is projected at 24%.
  •  AUBANK's NIM is expected to improve gradually.
  •  The bank aims for a 1.6% RoA in FY25 with potential for 1.8% by FY27.
  •  The document contains detailed financial ratios and valuations for AU Small Finance Bank.
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