TECHNICAL PICK-LIC HOUSING FINANCE
IDBI Capital
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
15 Apr 2025 | LIC Housing Finance |
IDBI Capital
|
592.80 | 688.00 | 587.85 (0.84%) | 16.06 |
Buy
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15 Apr 2025 | ICICI Prudential |
Sharekhan
|
602.55 | 750.00 | 567.15 (6.24%) | 24.47 |
Buy
|
VNB margins beat estimates, growth muted
Sharekhan
APE declined 3% y-o-y in Q4FY25, while VNB grew by 2% y-o-y. For FY25, APE grew 15% y-o-y, Individual APE grew by 13% and value of new business (VNB) grew by 6% y-o-y. VNB margins improved to 22.7% (up 120 bps y-o-y/ up 150 bps q-o-q) versus estimates of 21.9% in Q4 driven by product mix changed towards non-par segment and retail protection.
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11 Apr 2025 | Home First Finance |
ICICI Securities Limited
|
1268.90 | 1350.00 | 1059.00 (19.82%) | Target met |
Buy
|
Steady growth led to effective capital consumption; first AHFC to raise fresh capital post listing
ICICI Securities Limited
Home First Finance (Home First) was listed in Feb’21. Ever since, it has managed to stand out among peers in the affordable housing finance space, consistently delivering 6–8% QoQ growth every quarter.
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11 Apr 2025 | Anand Rathi Share Stock |
Motilal Oswal
|
3042.00 | 1900.00 | 1800.40 (68.96%) | Target met |
Neutral
|
Beat on PAT supported by growth in other income
Motilal Oswal
Anand Rathi Wealth (ARWL) reported operating revenue of INR2.2b in 4QFY25, up 20% YoY (4% miss). Overall revenue growth was driven by a strong 28% YoY growth in the MF business revenue, which reached INR1b. For FY25, overall revenue from operations grew 30% YoY to INR9.4b.
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09 Apr 2025 | Union Bank |
Ventura
|
140.30 | 161.00 | 116.75 (20.17%) | 14.75 |
Buy
|
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08 Apr 2025 | Karnataka Bank |
Ventura
|
175.89 | 205.00 | 180.77 (-2.70%) | Target met |
Buy
|
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08 Apr 2025 | UTI Asset Management |
Ventura
|
1360.20 | 1485.00 | 1010.30 (34.63%) | Target met |
Buy
|
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05 Apr 2025 | Fino Payments Bank |
Emkay
|
274.80 | 300.00 | 223.69 (22.85%) | Target met |
Buy
|
Set to transition into a unique payment cum lending SFB
Emkay
We initiate coverage on Fino Payments Bank (Fino) with BUY and TP of Rs300 (upside of 34%). Fino has emerged as a distinctive, asset-light, and profitable payment bank, capitalizing on India’s RURBAN digitization wave.
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03 Apr 2025 | Nippon Life Asset Mgmt |
Ventura
|
834.80 | 694.00 | 584.00 (42.95%) | Target met |
Buy
|
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03 Apr 2025 | IDFC First Bank |
Ventura
|
71.75 | 49.00 | 60.35 (18.89%) | 31.71 |
Sell
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