Research ReportsCholamandalam Q4 Results Review: IDBI Capital Downgrades The Stock To 'Hold' But Hikes Target Price
ADVERTISEMENT
Cholamandalam Q4 Results Review: IDBI Capital Downgrades The Stock To 'Hold' But Hikes Target Price
With a diverse product portfolio and a widespread distribution network, Cholamandalam is well-positioned to capitalize on the growth potential, says IDBI Capital.
Cholamandalam's net interest margins improved by 30bps QoQ to 8.0% (up 20bps YoY) due to increase in yield on advances. (Photo source: Usha Kunji/ NDTV Profit)
The brokerage believes premium valuation should sustain backed by strong growth. With a diverse product portfolio and a widespread distribution network, Cholamandalam is well-positioned to capitalize on the growth potential.