GRUH Finance Ltd
GRUH

375.20

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

372.05

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 375.00
We recommend an ACCUMULATE on the stock as strong parentage, low C/I ratio and strong asset quality will drive earnings. Higher yields, higher credit ratings and NHB refinancing helps Gruh generate higher NIM's. However, we see limited upside as stock is currently trading at P/B of 11.56x on FY18E BVPS. (Target Price- Rs.406)
Detailed View
50 DMA (.)
359.93
100 DMA (.)
336.56
200 DMA (.)
323.22
Weekly Range (.)
368.70
384.00
Monthly Range (.)
362.65
386.00
52 Weeks Range (.)
235.75
390.90
Detailed Chart