ADVERTISEMENT

'Buy' India Shelter Finance Retains ICICI Securities, Sees 22% Upside — Here's Why

Superior execution of business strategies since IPO, management has been able to deliver as per guidance despite a challenging operating environment, adds the brokerage.

<div class="paragraphs"><p>India Shelter's vision 2030: Rs 300 billion AUM with RoA/RoE at &gt;4%/&gt;17%</p><p>(Photo Source: Unsplash</p><p>&nbsp;</p></div>
India Shelter's vision 2030: Rs 300 billion AUM with RoA/RoE at >4%/>17%

(Photo Source: Unsplash

 

India Shelter, over the years, has built a strong management team (current MD is with company since Jun’20) and has been able to retain good talent. One of the important tools to retain talent and develop strong alignment of interest across hierarchy is to cover as many employees under ESOP.
To continue reading this story
Subscribe to Unlock & Enjoy your 
Subscriber-Only
 benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit