Geojit BNP Paribas
Strong revival in collections and disbursement seen in the first half of the year. The outlook over long-term remains positive on the back of well-diversified loan portfolio and adequate liquidity on hand. Hence we remain positive on the stock and reiterate our rating to BUY with revised target price of Rs. 3,355 using SOTP Valuation. Interest spreads remains stable Interest income marginally slipped 2.9% YoY to Rs. 10.683cr as returns on loans reduced to 8.1% (vs. 9.0% at the end of FY21) at the end of Q2FY22. Interest expense...
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