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.

<div class="paragraphs"><p>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)</p></div>
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.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit