BofA retains Overweight on Muthoot Finance and IIFL Finance bonds, citing strong earnings momentum and attractive spreads, while Shriram Finance, Manappuram, Piramal Finance and Sammaan Capital stay Marketweight as valuations already price in the recovery.
BofA retains Overweight on Muthoot Finance and IIFL Finance bonds, citing strong earnings momentum and attractive spreads, while Shriram Finance, Manappuram, Piramal Finance and Sammaan Capital stay Marketweight as valuations already price in the recovery.
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