MUTHOOT FINANCE Rating
MOTILAL OSWAL ON MUTHOOT FINANCE : 03.02.2021
* Maintain BUY, Target at Rs 1,715/share
* Muthoot has delivered a strong Q4FY21 especially on growth front
* Loan demand is likely to remain high as customers' cash flows will be stressed
* Expect company to deliver ~15% loan growth in the medium term; Increase FY22E/23E EPS estimate by 3-4%
MUTHOOT FINANCE Rating
