Finance
Finance - AMC
from 563 today
We initiate coverage on the stock with a BUY rating and a TP of INR720, based on FY28E core P/E of 42x, driven by 13% MF AUM FY26-28 CAGR, gradually improving yields, and a rising contribution from alternates.
SBI FM PT computation based on a target P/E (OPAT) multiple of 40x yielding a Price Target of Rs 710 with an upside of 26%.
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.
