Risk factor
Resilient to price shocks
Profitability factor
Decent dividends
About
Sundaram Finance Limited provides a range of financial services in India. It accepts fixed, cumulative, and NRI deposits. The company also offers finance for new and used cars, new and used commercial vehicles, and new and used construction equipment; diesel finance for commercial vehicle operators and companies; tire and insurance finance; finance for new/used tractors, harvesters, and farm implements; working capital, enterprise business, and machinery term loans, as well as channel finance; housing finance; and leasing services. In addition, it distributes a range of financial products, such as mutual funds, insurance, etc.; and provides information technology, and business processing and support services. Further, the company offers a suite of investment management services, which include financial planning, asset allocation and execution, portfolio management, tax management, risk management, and estate management; and life insurance products comprising child, pension, whole-life, term, and investment plans. It operates through a network of 618 branches. The company was incorporated in 1954 and is based in Chennai, India.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is overpriced on P/E, undervalued on P/RIB
Target Price
The average target price of SUNDARMFIN.NS is 4541 and suggests 7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendatio
