BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1006.35
Change Change %
2.05 0.20%

Updated:19 Jan, 2018, 15:48 PM IST

BSE
1008.80
Change Change %
5.45 0.54%

Updated:19 Jan, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
27-07-2017 Buy 819.35 925.00
N/A
Target Hit Long (1Y)
27-07-2018

Edelweiss maintains buy on Bharat Financial Inclusion

Edelweiss has maintained buy on Bharat Financial Inclusion for target price of Rs 925. It says these are challenging times for MFIs manifested in temporary lull in earnings. However, in light of its robust franchise (6.8 million members) and business practices, we expect BFI to scrape through these challenging times and revert to RoE upwards of 20% by FY19E. Well capitalised balance sheet and strong management lend comfort.

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