BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Housing Development Finance Corporation Ltd.'s core profit before tax grew 15% YoY to Rs 30.4 billion (in-line), driven by 4% beat on net interest income, which was offset by higher provisioning.
Asset under management growth of 10% (largely inline) belies the strong business pickup on an incremental basis – individual disbursements stood at 95% of YoY levels in Q2 FY21 and were up 11%/22% YoY in September 2020/October 2020 (adjusted for the festival impact).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
