NBFC stock gets buy rating with 36% upside potential
pre-market1 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
ICICI Securities has maintained a ‘Buy’ rating on HDB Financial Services with a target price of ₹900, indicating a 36% upside from the current price of ₹642. The NBFC reported ₹17,917 crore in Q3 disbursements and aims for 15-17% AUM growth by FY26, driven by demand from underserved segments. 📈
The company has built a ₹1 trillion+ asset franchise and its loan book stands at ₹1,14,577 crore. With a market cap of ₹53,300 crore, the stock is positioned for growth amid favorable market conditions.
Not investment advice. For informational purposes only.