Buy Sundaram Finance Ltd. target Rs 2140.0 : Rajesh Palviya

Rajesh Palviya of Axis Securities has buy call on Sundaram Finance Ltd. with a target price of Rs 2140.0 . The current market price of Sundaram Finance Ltd. is Rs 2000.05 Time period given by analyst is month when Sundaram Finance Ltd. price can reach defined target. Rajesh Palviya recommended to keep stoploss at Rs 1960
Sundaram Finance Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 22332.72 Crore) operating in Finance sector.

Sundaram Finance Ltd. key Products/Revenue Segments include Income From Financial Services which contributed Rs 2156.61 Crore to Sales Value (91.50 % of Total Sales), Lease Rentals which contributed Rs 94.26 Crore to Sales Value (3.99 % of Total Sales), Interest which contributed Rs 74.36 Crore to Sales Value (3.15 % of Total Sales), Income From Sale Of Share & Securities which contributed Rs 17.34 Crore to Sales Value (0.73 % of Total Sales) and Other Services which contributed Rs 14.23 Crore to Sales Value (0.60 % of Total Sales)for the year ending 31-Mar-2017.

The company’s top management includes Mr.A N Raju, Mr.Harsha Viji, Mr.N Venkataramani, Mr.P N Venkatachalam, Mr.Rajiv C Lochan, Mr.S Mahalingam, Mr.S Prasad, Mr.S Ram, Mr.S Ravindran, Mr.S Viji, Mr.T T Srinivasaraghavan, Ms.Shobhana Ramachandhran. Company has Sundaram & Srinivasan as its auditoRs As on 30-09-2017, the company has a total of 111,103,860 shares outstanding.