Connecting the Dots - The Changing Contours of PV Financing
Post the publication of our cross-sector Vehicle Finance thematic, we met about 50 investors and passenger vehicle (PV) dealers across key markets.
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Sundaram Finance - Broad Based Recovery Ahead, Robust Disbursement!
Overall, the management remained positive about the growth prospects of the commercial vehicle market going into FY23 and beyond.
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Vehicle Financing - Secular Opportunity Meets Cyclical Tailwinds
With green shoots in the underlying PV and CV segments, the Indian vehicle financing disbursals (FY22: ~US$ 42bn) is poised to ride a secular 15%+...
170 Views
Sundaram Finance: Demand Pick-Up Encouraging, Asset Quality Improves
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...
234 Views
Sundaram Finance - Growth Hovers Below Pre-Covid Levels; Asset Quality Improves
Sundaram Finance (SUF) reported PAT of Rs3bn, up 43%/48% YoY/QoQ led by provisions write-back during the quarter. NII was below our expectation due...
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