MAS Finance Services: Out of the Woods, Normalized Performance From FY23E Onwards
We maintain a BUY rating on the stock with a revised target price of Rs 765/share (2.5x H1FY24E BV), implying an upside of 35% from the CMP.
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MAS Financial Services: COVID-19 Headwinds Well-Managed, Focus Shifts to Accelerate Growth!
With the company looking to restart its growth journey after a brief pause, MAS is likely to deliver strong returns over the long term. We maintain...
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Mas Financial Services: Collections at Pre-COVID Levels, Demand Outlook Strong
We maintain a BUY rating on the stock with an unchanged target price of Rs 960/share (3.3x FY23E BV), implying an upside of 23% from CMP.
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India Micro-Finance: Noteworthy Trends and Updates
Key Thematic/Industry Trends Underwriting standards and asset quality needs to be monitored closely... Asset quality in the Assam microfinance...
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Indian NBFCs - Equity Opportunities: Pessimism Bottoming Out, Time to Accumulate
India’s Non-Banking Financial Corporation (NBFC) liquidity crisis needs no introduction. Post the default of AAA rated IL&FS in Sep 2018 and...
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