August 12, 2016 / 18:07 IST
Dynamic Levels research report on Capital First
Share price of the Capital first has rose almost 94.33% after Union budget 2016-17 held on 28th Feb 2016, the stock was top performer among financial services sector. Share price of the company has outperformed the Index which rose 32.90% from budget. The Company has successfully covered 222 locations in India in six year from 9 locations. Credit rating of the company has improved from A+ to AA+, managing a total AUM of 1,72,12.50 Crs as on 30th June 2016 with a customer base of 28,68,594 and has a marginal NPA(Net) of 0.60%.
We recommend BUY in Capital First @ 660 with the target of 800.
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