Can Fin Homes’ Q2 performance has led Jefferies to maintain its buy call on the stock.
Jefferies has reaffirmed its buy rating, with a target price of ₹1,020, offering a 21.4% upside from the current market price of ₹839.95. The brokerage noted that while net interest income (NII) rose by 7% YoY, slightly higher operating costs offset some of the gains. Loan growth remained steady, and the company’s gross non-performing assets (NPA) were stable.
With a potential upside of over 21%, Can Fin Homes might be a stock to consider for your portfolio.
Disclaimer: The information provided is for informational purposes only and should not be construed as investment advice.
