AU Small Finance Bank Has Over 30% Upside From Current Levels, Says Morgan Stanley.(Photo Source: Official Website) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Morgan Stanley has raised its target price on AU Small Finance Bank Ltd., citing confidence in the lender's growth prospects through fiscal year 2027.
In its latest note, Morgan Stanley has raised its target price to Rs 1,000 from Rs. 860 while maintaining an 'overweight' rating on the scrip. The stock is currently trading Rs 745, which suggests a sizable upside.
The firm believes AU Small Finance Bank is poised for stronger growth in the second half of FY26. They expect the momentum to increase further going into FY27.
“The setup post Q2 appears strong—NIM should trough, loan growth should accelerate, and c