Toh Axis Securities ka kehna hai ki finance sector mein abhi dhoom machne wali hai! Ye log 4 stocks par bahut bullish hain, jismein 20% tak ka faida mil sakta hai. Unka kehna hai ki ye stocks technicals ke hisab se bhi mast chal rahe hain aur key moving averages ke upar trade kar rahe hain.
Desh ke Bade Banks aur Finance Companies Pe Kya Hai View?
State Bank of India (SBI): Sabse pehle baat karte hain desh ke sabse bade bank, SBI ki. Axis ne iska target ₹1,280 rakha hai, matlab abhi ke rate ₹1,194 se lagbhag 7.2% upar jaane ki possibility hai. Company ka RAM segment aur corporate book dono mast chal rahe hain, aur unhone apna growth guidance bhi badha kar 13-15% kar diya hai. Asset quality toh already decadal best levels par hai, bhai. Iska market cap lagbhag ₹11 trillion ke aas-paas hai aur P/E ratio 12.85x hai.
Federal Bank: Fir aata hai Federal Bank, jiska target ₹320 hai, matlab 11.5% ka jump. Bank ke NIMs badh rahe hain, fee income theek hai, aur CASA ratio bhi mast hai. Unhe ummeed hai ki RoA 1.3-1.4% tak badh jayega FY27-28 tak. Iska market cap ₹70,000 crore ke aas-paas hai aur P/E ratio 17.2x hai.
Shriram Finance: Baari hai Shriram Finance ki, jisko ₹1,200 tak pahunchne ka target diya hai, jo ki 11.3% ka gain dega. Ye company ₹1.98 lakh crore ki hai aur apne AUM growth ko 18-20% tak badhaane ka plan bana rahi hai. Piche saal inke shares 77% se 93% tak bhage hain, matlab mast performance raha hai. Iska P/E ratio 21.6x hai.
Ujjivan Small Finance Bank (SFB): Aur sabse chota player, Ujjivan SFB, jisko Axis 18% badhte hue dekh raha hai, target ₹74 ka hai. Current price ₹62.69 hai. Ye log margins maintain karne aur loan book ko aur secure banane par focus kar rahe hain. Iska market cap ₹12,100 crore hai aur P/E ratio 25-28x ke beech mein hai.
Sector Ka Vibe Aur Kuch Chintein
Poore BFSI sector ki baat karein toh RBI ne apna repo rate 5.25% par stable rakha hai, aur FY26 ke liye GDP growth 7.4% ki ummeed hai. Toh overall environment positive lag raha hai. Lekin haan, kuch reports kehti hain ki FY26 ke shuru mein thoda margin pressure aur loan growth slow ho sakta hai. Deposit growth ko lekar bhi thodi chinta hai, kyunki log dusre investments mein paisa laga rahe hain.
Kya Hai Bear Case? (Risks Samjho!)
Par bhaiyo, sab kuch itna hi simple nahi hai. Jo Shriram Finance aur Ujjivan SFB ka P/E ratio hai na, woh bank industry average (~13-14x) se kaafi upar hai. Iska matlab market unse bahut zyada growth expect kar raha hai, jise maintain karna mushkil ho sakta hai. SBI ke liye, unke paas nearly ₹27.4 lakh crore ke contingent liabilities hain, jo ek bada risk ho sakta hai agar kuch gadbad ho jaaye. Aur interest rates stable ya kam hone par banks ko deposit manage karna aur liabilities re-price karna ek challenge ho sakta hai.