Finance
Finance & Investments - Gold Loan
from 3,120 today
We remain cautious on margin sustainability over the next few quarters as yield compression weighs on margins amid rising competition. For MUTH, we now estimate standalone gold loan growth of 22% and PAT growth of 4-5% in FY27. Maintain Neutral.
Yield compression weighs on margins amid rising competition, leading us to maintain our Neutral rating with a target price of INR2,850.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
