CHOLA FIN

CHOLA FIN

MS ON CHOLA FIN : 03.08.2021

* Morgan Stanley maintains OVERWEIGHT call on Chola Fin, target at Rs 625/sh
* Confident In Managing Down Stage 2 + 3 Loans To Q4
* Co Plans Keeping Credit Costs At F21 levels
* Cut Forecasts To Account For Lower Loan Growth & Higher Provisioning
* MAINTAIN OVERWEIGHT TARGET: 625