Buy Bharat Financial Inclusion, target Rs 985: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on Bharat Financial Inclusion with a target price of Rs 985.

The current market price of Bharat Financial Inclusion is Rs 967.65.

Time period given by the analyst is intraday when Bharat Financial Inclusion price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 657.

Bharat Financial Inclusion, incorporated in the year 2003, is a Large Cap company (having a market cap of Rs 13,356.34 Crore) operating in Finance sector.

Bharat Financial Inclusion key Products/Revenue Segments include Interest which contributed Rs 1,253.04 Crore to Sales Value (80.68 per cent of Total Sales), Income From Securitisation which contributed Rs 171.89 Crore to Sales Value (11.06 per cent of Total Sales), Processing Charges which contributed Rs 124.16 Crore to Sales Value (7.99 per cent of Total Sales) and Other Operating Revenue which contributed Rs 3.99 Crore to Sales Value (0.25 per cent of Total Sales)for the year ending 31-Mar-2017.

The company's top management includes Dr.Punita Kumar Sinha, Dr.Tarun Khanna, Mr.Ashish Lakhanpal, Mr.Geoffrey Tanner Woolley, Mr.K G Alai, Mr.M R Rao, Mr.P H Ravikumar, Mr.R M Malla, Mr.S Balachandran.

Company has BSR & Associates LLP as its auditors.

As on 30-06-2017, the company has a total of 138,028,604 shares outstanding.