Equirus Capital sees over 38% upside in this NBFC stock, initiates coverage with ‘long’ recommendation

Equirus Capital sees over 38% upside in this NBFC stock, initiates coverage with ‘long’ recommendation

Following three months of positive but muted returns, brokerage Equirus Capital has initiated coverage on NBFC stock MAS Financial Services with a ‘long’ recommendation and a target price of ₹401, indicating an upside potential of over 38 per cent. “We believe MASFIN has the perfect elements (promoter pedigree, stellar asset quality track record, healthy capitalisation) … Read more