Risk factor
Resilient to price shocks
Profitability factor
Good growth
About
Sundaram Finance Limited is an established Indian financial institution that delivers a wide array of services. It mobilizes capital through various deposit options, including fixed, cumulative, and non-resident Indian schemes. The company offers financing for new and pre-owned automobiles, commercial vehicles, and construction equipment, alongside specialized funding for commercial vehicle fuel, tires, and insurance. Agricultural sector clients can obtain loans for new and used tractors, harvesters, and other farm machinery. For businesses, it provides working capital, enterprise, and machinery term loans, as well as channel finance. Additionally, Sundaram Finance extends housing credit and offers leasing solutions. Beyond direct lending, it serves as a distributor for financial products such as mutual funds and insurance, and supplies information technology and business support services. Its comprehensive wealth management offerings encompass financial planning, asset allocation, portfolio execution, tax management, risk management, and estate planning. The firm also supplies diverse life insurance policies, including child, pension, whole-life, term, and investment plans. Founded in Chennai, India, in 1954, the company operates across India via an extensive network of 618 branches.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, undervalued on P/RI
Target Price
The average target price of SUNDARMFIN.NS is 5048 and suggests 19.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendatio