Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Shriram Transport Finance
We expect a healthy growth in the of the firm on a yoy basis. However, growth will be
subdued on a sequential basis.
Margins would be subdued with Q1FY12. However, on an absolute value terms, we expect NII to
improve by ~6% sequentially.
We expect NPA’s to rise on account of the recent ban on mining in the Bellary & Goa region.
Though the effect will not be felt completely in this quarter, but it will be seen in Q3FY12. We also
expect normal NPA’s to continue.
We expect provisions to be in line with the sequential number.
Thus, we expect the profits to marginally rise by 1.5% qoq.
Currently, the stock is available at a P/ABV of ~1.7x FY13E.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Shriram Transport Finance
We expect a healthy growth in the of the firm on a yoy basis. However, growth will be
subdued on a sequential basis.
Margins would be subdued with Q1FY12. However, on an absolute value terms, we expect NII to
improve by ~6% sequentially.
We expect NPA’s to rise on account of the recent ban on mining in the Bellary & Goa region.
Though the effect will not be felt completely in this quarter, but it will be seen in Q3FY12. We also
expect normal NPA’s to continue.
We expect provisions to be in line with the sequential number.
Thus, we expect the profits to marginally rise by 1.5% qoq.
Currently, the stock is available at a P/ABV of ~1.7x FY13E.
No comments:
Post a Comment