NBFC stock gets buy rating with 40% upside potential
after close1 source ↓written by the desknot a recommendation
- target price
- ₹900
- from the current
- 36% upside
- current price
- ₹642
- in Q3 disbursements
- ₹17,917 crore
- by FY26
- 15-17% AUM growth
A brokerage has assigned a Buy rating to HDB Financial Services Ltd with a target price of ₹900, suggesting a 36% upside from the current price of ₹642. The company reported ₹17,917 crore in Q3 disbursements and aims for 15-17% AUM growth by FY26, targeting ₹48-50 lakh crore in assets.
This positive outlook reflects the NBFC sector's strength in providing credit to underserved segments, potentially enhancing market sentiment for investors.
Not investment advice. For informational purposes only.