568.4500 7.95 (1.42%)
NSE Oct 10, 2025 15:31 PM
Volume: 988.0K
 

568.45
1.42%
Motilal Oswal
With continued downward re-pricing of home loans, NIM shrunk 12bp QoQ and 50bp YoY (note that the YoY comparison is off a high base). Consequently, NII declined 4% YoY to INR8.9b. GNPL ratio was up 8bp QoQ and 23bp YoY to 0.8%, driven by higher GNPL in the corporate loan book. GNPL in the corporate loan book increased from INR4.7b in 1QFY18 to INR5.7b now. Note that 1QFY18 itself was a high base, with three builder loans amounting to INR1.2b slipping into NPL in that quarter. However, one of those three accounts was upgraded in the quarter....
LIC Housing Finance .. has an average target of 636.20 from 5 brokers.
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