NUVAMA maintains BUY on this NBFC stock, sees over 15% upside - 5 REASONS
NBFC Stock to BUY: Analysts at prominent brokerage firm Nuvama have reiterated its 'Buy' call on Capri Global Capital shares, assigning a target price of Rs 220, citing robust growth prospects in assets under management (AUM), profitability, and branch expansion plans. Check out 5 key reasons why brokers are bullish on the stock: 1. Capri Global Capital AUM growth Nuvama expects Capri Global’s AUM to expand at a CAGR of nearly 30 per cent over the next two to three years with management targeting Rs 50,000 crore AUM by FY28E. The company’s growth momentum is likely to be supported by a diversified loan mix, expanding fee income, and disciplined credit cost management, the brokerage said.
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