|
31 May 2025 |
Sundaram Finance
|
Consensus Share Price Target
|
5136.50 |
4646.11 |
- |
-9.55 |
sell
|
|
|
|
|
27 May 2025
|
Sundaram Finance
|
IDBI Capital
|
5136.50
|
5530.00
|
5182.50
(-0.89%)
|
7.66 |
Hold
|
|
|
|
|
05 Nov 2024
|
Sundaram Finance
|
IDBI Capital
|
5136.50
|
5162.00
|
4919.85
(4.40%)
|
Target met |
Hold
|
|
|
|
|
07 Aug 2024
|
Sundaram Finance
|
IDBI Capital
|
5136.50
|
4940.00
|
3911.60
(31.31%)
|
Target met |
Buy
|
|
|
|
|
29 May 2024
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
4550.00
|
4179.90
(22.89%)
|
Target met |
Hold
|
|
|
We maintain our HOLD recommendation on the stock
|
|
27 May 2024
|
Sundaram Finance
|
IDBI Capital
|
5136.50
|
4940.00
|
4437.20
(15.76%)
|
Target met |
Hold
|
|
|
|
|
08 Feb 2024
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
3950.00
|
3751.65
(36.91%)
|
Target met |
Hold
|
|
|
Recommendation: We maintain our HOLD recommendation on the stock
|
|
08 Nov 2023
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
3300.00
|
3276.20
(56.78%)
|
Target met |
Hold
|
|
|
We change our recommendation from BUY to HOLD on the stock as the recent run-up in stock pirce leaves limited upside potential.
|
|
14 Aug 2023
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
2960.00
|
2597.05
(97.78%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock.
|
|
13 Aug 2023
|
Sundaram Finance
|
IDBI Capital
|
5136.50
|
3005.00
|
2598.90
(97.64%)
|
Target met |
Buy
|
|
|
|
|
15 Jun 2023
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
3015.00
|
2548.85
(101.52%)
|
Target met |
Buy
|
|
|
We maintain our BUY' rating on the stock with a revised target price of Rs 3015/share (3.1x Sep'24 ABV), implying an upside of 18% from the CMP.
|
|
31 May 2023
|
Sundaram Finance
|
ICICI Securities Limited
|
5136.50
|
2446.00
|
2544.70
(101.85%)
|
|
Hold
|
|
|
Sundaram Finance (Sundaram) reported strong FY23 earnings in key parameters such as standalone AUM growth (up 17% YoY), home finance AUM growth (up 18% YoY), standalone NIMs (5.3%) sustenance in rising interest rate regime and better asset quality (gross stage 3 as on Mar’23 stood at 1.66% vs 2.2% in Mar’22).
|
|
29 May 2023
|
Sundaram Finance
|
IDBI Capital
|
5136.50
|
2915.00
|
2530.90
(102.95%)
|
Target met |
Buy
|
|
|
|
|
07 Feb 2023
|
Sundaram Finance
|
ICICI Securities Limited
|
5136.50
|
2249.00
|
2321.70
(121.24%)
|
Target met |
Hold
|
|
|
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.
|
|
23 Dec 2022
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
2605.00
|
2298.90
(123.43%)
|
Target met |
Buy
|
|
|
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.
|
|
23 Dec 2022
|
Sundaram Finance
|
ICICI Securities Limited
|
5136.50
|
2249.00
|
2336.85
(119.80%)
|
Target met |
Hold
|
|
|
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.
|
|
09 Nov 2022
|
Sundaram Finance
|
ICICI Securities Limited
|
5136.50
|
2249.00
|
2362.35
(117.43%)
|
Target met |
Hold
|
|
|
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).
|
|
13 Sep 2022
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
2490.00
|
2279.95
(125.29%)
|
Target met |
Buy
|
|
|
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.
|
|
10 Aug 2022
|
Sundaram Finance
|
ICICI Securities Limited
|
5136.50
|
2235.00
|
2112.85
(143.11%)
|
Target met |
Accumulate
|
|
|
Sundaram Finance’s (Sundaram) Q1FY23 result was highlighted by growth returning in standalone business (31%/138% QoQ/YoY growth in disbursement).
|
|
02 Jun 2022
|
Sundaram Finance
|
Axis Direct
|
5136.50
|
2195.00
|
1899.50
(170.41%)
|
Target met |
Buy
|
|
|
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.
|
|
30 May 2022
|
Sundaram Finance
|
Monarch Networth Capital Limited
|
5136.50
|
2470.00
|
1870.85
(174.55%)
|
Target met |
Buy
|
|
|
|