Research Report

Mid Cap
22 Feb 2012, 05:11 PM
Shriram Transport Finance Company Ltd.
UBS
BUY
LONG TERM
Price when Post
586.9
Target Price
750
Return
27.7901%
UBS maintains buy Shriram Transport Finance

Priority sector lending draft guidelines positive for Shriram Transport. Funding availability for NBFCs like Shriram Transport would improve. See higher demand for assigned loans from foreign & private sector banks. Reduced regulatory overhang should be a positive catalyst.

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