Jefferies has reaffirmed its buy rating on Can Fin Homes, setting a target price of ₹1,020, representing a 21.4% upside from the current market price of ₹839.95. The company reported Q2 profits in line with estimates, with net interest income (NII) growing 7% YoY, offset by slightly higher operating expenses. Loan growth was steady at 10% YoY, with disbursements up 18%. Credit costs and gross NPA were stable, providing confidence in future growth.

Disclaimer: The information provided is for informational purposes only and should not be construed as investment advice.