External broker reports(aggregated public sources), Axis Direct

Axis Direct

External broker reports(aggregated public sources)

Equity Bottom-Up

<p>We believe SUF's well-diversified secured loan mix with strong underwriting practices and comfortable capital position (~CAR +20%) will support operating performance. We maintain our rating at Hold with a target price of Rs 2,655 (based on SOTP valuation).</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

We believe SUF's well-diversified secured loan mix with strong underwriting practices and comfortable capital position (~CAR +20%) will support operating performance. We maintain our rating at Hold with a target price of Rs 2,655 (based on SOTP valuation).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sundaram Finance: Operationally Steady; Asset Quality Manageable

India

Sundaram Finance Ltd., together with its subsidiaries, provides various financial products and services in India. The Company offers savings products, car and commercial vehicle finance, insurance products, home loans and logistics services. Sundaram is based in Chennai, India.

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Sundaram Finance (SUF IN)

Sundaram Finance: Operationally Steady; Asset Quality Manageable

We believe SUF's well-diversified secured loan mix with strong underwriting practices and comfortable capital position (~CAR +20%) will support...

Axis Direct

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