NSE: SUNDARMFIN | BSE: 590071

Expensive Rocket

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5256.60 41.80 (0.80%)

40.82% Gain from 52W Low

107.7K NSE+BSE Volume

NSE 30 Apr, 2025 3:31 PM (IST)

58,402.9

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

Sundaram Finance Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SUNDARMFIN, BSE:590071 Sundaram Finance Ltd.

Sundaram Finance Ltd.

29 May 2023

5256.60

0.80%

Sundaram Finance: Q4FY23 Result Review

Buy: Sundaram Finance Ltd.

IDBI Capital

Sundaram Finance Ltd. is trading above all available SMAs

Sundaram Finance Ltd.

07 Feb 2023

5256.60

0.80%

Strong AUM growth with sustained NIM performance; valuations limit upside

Hold: Sundaram Finance Ltd.

ICICI Securities Limited

Sundaram Finance (Sundaram) has reported strong Q3FY23 earnings in key parameters such as AUM growth (up 5% QoQ), NIMs (5.4%) sustenance in rising interest rate regime and opex moderation (down 1% QoQ despite AUM growth). This performance is contrasting to the moderate management commentary.

Sundaram Finance Ltd. is trading above all available SMAs

Sundaram Finance Ltd.

23 Dec 2022

5256.60

0.80%

Company Update:Sundaram Finance

Buy: Sundaram Finance Ltd.

Target

Axis Direct

We maintain our BUY rating with a revised target price of Rs 2,605/share (based on SOTP valuation), implying an upside of 11.5% from the CMP.

Sundaram Finance Ltd. is trading above all available SMAs

Sundaram Finance Ltd.

23 Dec 2022

5256.60

0.80%

Lower NIM and weaker Q3 are near-term concerns; structural focus on market share is a positive

Hold: Sundaram Finance Ltd.

ICICI Securities Limited

Sundaram Finance’s (Sundaram) management has opined about the incrementally weak business trends in certain key markets in South India along with the outlook of possible ~100bps lower NIMs in medium term, emanating from increasing cost of funds and high competition (from banks) in the MHCV segment.

Sundaram Finance Ltd. has an average target of 4856.00 from 2 brokers.

Sundaram Finance Ltd.

09 Nov 2022

5256.60

0.80%

Growth complementing typical good asset quality; constrained NIM outlook limit upside at current valuations

Hold: Sundaram Finance Ltd.

Target

ICICI Securities Limited

Sundaram Finance (Sundaram) has reported good Q2FY23 result as quantified by standalone PPOP growth QoQ (as opposed to decline or flat PPOP growth for peers).

Sundaram Finance Ltd. is trading above all available SMAs

Sundaram Finance Ltd.

13 Sep 2022

5256.60

0.80%

Result Update:Sundaram Finance

Buy: Sundaram Finance Ltd.

Target

Axis Direct

We maintain our buy rating with a revised target price of Rs 2,490/share (based on SOTP valuation), implying an upside of 11% from the CMP.

Sundaram Finance Ltd. has an average target of 4856.00 from 2 brokers.

Sundaram Finance Ltd.

10 Aug 2022

5256.60

0.80%

Growth returning is a positive, focus on market share gain complements the same

Accumulate: Sundaram Finance Ltd.

Recommendation Target

ICICI Securities Limited

Sundaram Finance’s (Sundaram) Q1FY23 result was highlighted by growth returning in standalone business (31%/138% QoQ/YoY growth in disbursement).

Sundaram Finance Ltd. has an average target of 4856.00 from 2 brokers.

Sundaram Finance Ltd.

02 Jun 2022

5256.60

0.80%

Result Update:Sundaram Finance

Buy: Sundaram Finance Ltd.

Recommendation Target

Axis Direct

We upgrade our rating from HOLD to BUY with a target price of Rs 2,195/share (based on SOTP valuation), implying an upside of 20% from the CMP.

Sundaram Finance Ltd. is trading above all available SMAs

Sundaram Finance Ltd.

30 May 2022, 12:00AM

5256.60

0.80%

Sundaram Finance Ltd | Set for an upcycle

Buy: Sundaram Finance Ltd.

Target

Monarch Networth Capital Limited

Sundaram Finance Ltd. is trading above all available SMAs

Sundaram Finance Ltd.

10 Nov 2021

5256.60

0.80%

Sundaram Finance Ltd - Shifting Gears

Buy: Sundaram Finance Ltd.

Monarch Networth Capital Limited

We maintain a BUY rating with an unchanged TP of Rs.2,830. Sundaram witnessed sharp improvement in its disbursements, further reiterating our stance on the revival in the CV cycle. We expect the growth momentum to accelerate further given the positive high frequency indicators (Oct 21 GST collections at second highest), pick-up in CV sales etc that hint to strong tailwinds. While restructuring came in higher at 7.17% (prudent approach being implemented), Stage 3 remains comfortable (declined QoQ) and best-inclass reflecting strong underwriting. AUM growth acceleration, improving credit costs, and margin expansion augur well for core RoEs at 17-18%. We...

Sundaram Finance Ltd. has an average target of 4856.00 from 2 brokers.

Is Sundaram Finance Ltd. worth buying?

56 Votes:

Buy 62.5%

Sell 17.86%

Hold 19.64%

RESEARCH REPORTS

Hold SEE REPORTS >

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Buy SEE REPORTS >

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