Shares Tumble Nearly 6%
Total revenue reached Rs 4,742 Cr in Q3 FY24, a 30% increase YoY.
PAT rose to Rs 549 Cr in Q3 FY24, up from Rs 509 Cr in Q3 FY23.
ROAA drops to 4.1%. Capital Adequacy Ratio holds strong at 18.4%.
Target price set at Rs 830, showing neutral sentiment.
Morgan Stanley: Equal weight with Rs 750 target. Incred: Reduce to Rs 500.
Bearish view with a target price down to Rs 719.