Risk factor
Low price volatility
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
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, underpriced on P/RIBP.
Target Price
The average target price of SUNDARMFIN.NS is 5048 and suggests 20% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation