Motilal Oswal maintains buy on Cholamandalam Finance shares
after close1 source ↓written by the desknot a recommendation
- target price
- ₹2,000
- the stock
- 4x Dec’27E book-value-per-share
Motilal Oswal has reiterated its Buy rating on Cholamandalam Investment and Finance Company Ltd. with a target price of ₹2,000, valuing the stock at 4x Dec’27E book-value-per-share. The brokerage anticipates a PAT CAGR of ~25% over FY25–28, driven by strong AUM growth and improving asset quality. This outlook reflects confidence in the company's strategic shift towards safer product lines and new business expansions.
Not investment advice. For informational purposes only.