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Bloomberg Quint

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Image Credit: Bloomberg Quint

ICICI Bank, Muthoot Finance, Aptus — Dolat Capital Lists Top Stock Picks In BFSI Space; Q1 Results Preview

  • Dolat Capital has recommended ICICI Bank, Muthoot Finance, Aptus Value, Kotak Mahindra Bank, and City Union Bank as top stock picks in the BFSI sector.
  • Loan growth for coverage banks is expected to moderate to sub 11% YoY in a seasonally weak Q1, while net interest income is projected to grow at 3% YoY.
  • Operating profit for coverage banks is expected to increase by 5% YoY, supported by higher treasury gains aiding other income.

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