Motilal Oswal Recommends Buying Indostar Capital Finance, Sets Rs 240 Target
Motilal Oswal’s report says Indostar Capital Finance’s 2QFY27 PAT was INR132m, versus INR115m in 1QFY27. NII grew 34% year over year to INR2b; other income was INR407m and opex rose about 10% year over year to INR1.3b.
Motilal Oswal's research report on Indostar Capital FinanceIndostar Capital Finance (INDOSTAR)’s 2QFY27 PAT stood at INR132m (vs. INR115m in 1QFY27). NII grew 34% YoY to INR2b. Other income stood at INR407m during the quarter (PQ: INR367m).
Opex rose ~10% YoY to INR1.3b, translating into a cost-to…