Shriram City Union Finance Ltd
SHRIRAMCIT

1,855.00

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Turnover (lac)
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Day's Vol.(shares)

1,856.75

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Turnover (lac)
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Buy
Reco. Price
Rs 1878.80

Last updated on 02-Dec-2016

We recommend a BUY on the stock on account of strong AUM growth and improved NII growth outlook. Change in mix towards higher yielding loans and improvement in the funding profile will lead to healthy margins and improved NII growth. The stock is trading at ~2.1x FY18E BVPS. (Target Price Rs 2296.9)
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50 DMA (.)
2,145.45
100 DMA (.)
2,112.85
200 DMA (.)
1,849.84
Weekly Range (.)
1,840.05
1,930.00
Monthly Range (.)
1,644.65
2,387.95
52 Weeks Range (.)
1,332.25
2,610.00
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