InvestorQ : I have been a long time investor in Sundaram Finance and my question is if I should hold on to the stock after the latest quarterly results?
Lavanya Subramanian made post

I have been a long time investor in Sundaram Finance and my question is if I should hold on to the stock after the latest quarterly results?

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ishika Banerjee answered.
3 years ago
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You are right; the company has reported stellar results for the March quarter. Net profits in the fourth quarter almost doubled to Rs.32 crore even as total revenues for the quarter also doubled to Rs.42 crore. Even full year figures have shown impressive growth for the company.

Sundaram Finance Holdings is largely into fund based lending activities and has managed to keep its funding costs low and also its NPAs at manageable levels. The company is also quoting very close to its recent lows and that offers a good margin of safety on the stock. You can hold on to the stock for the long term.

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