Buy Can Fin Homes; target of Rs 850: Sharekhan
Tue, Jan 21, 2025 3:15 PM

Buy Can Fin Homes; target of Rs 850: Sharekhan

A Flip by Swapnil Tiwari
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Can Fin Homes' Q3FY2025 results were below estimates due to weak loan growth, higher credit cost, and slight deterioration in asset quality, with PAT at Rs. 212 crore, up 5.9% y-o-y. However, Sharekhan maintains a BUY rating with a revised PT of Rs. 850, expecting AUM growth and asset quality improvement in FY25 and FY26.

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