Stock Market Strategy : Piramal Finance Q2 Profit Jumps 67%: Nomura Sets ₹2,550 Target – Key Factors Investors Should Track
Piramal Finance has gained attention in the Indian stock market after reporting strong Q2 FY27 results. Global brokerage Nomura has maintained its Buy rating with a target price of ₹2,550, naming Piramal Finance its top NBFC pick.
The company's improving profits, growing loan business and stable asset quality have supported Nomura's positive outlook.
>>>Get advanced Stock Cash Tips & Strategy - SIGN UP Now!
Piramal Finance Q2 Results: Key Highlights
- Net Profit: Rose 67% year-on-year to approximately ₹545 crore.
- Loan Portfolio: Total assets under management (AUM) increased 24%.
- Retail Business: Retail AUM grew 30%, showing strong demand.
- Old Loan Exposure: Legacy loan portfolio reduced by 32% quarter-on-quarter.
- Asset Quality: Credit costs remained controlled at 1.1% annualised.
Why Is Nomura Bullish on Piramal Finance?
Nomura believes Piramal Finance has strong growth potential because of its expanding retail loan business, improving financial performance and reduction in older loan exposure.
The company aims to achieve a 2.5% return on AUM by Q4 FY27. However, rising borrowing costs and some stress in mortgage and digital loans remain important risks to monitor.
What Should Investors Do?
Investors following stock market strategies should focus on these key factors:
For Short-Term Traders
- Watch price movements and trading volumes.
- Track important support and resistance levels.
- Avoid chasing sudden rallies after positive news.
- Use proper stop-loss and risk management.
For Long-Term Investors
- Monitor quarterly profit and loan growth.
- Track asset quality and repayment performance.
- Watch interest rates and borrowing costs.
- Evaluate valuations before making investment decisions.
Conclusion
Piramal Finance's 67% profit growth and Nomura's ₹2,550 target have created a positive outlook for the stock. However, future performance will depend on sustained loan growth, profitability and asset quality. Investors in the Indian stock market should focus on company fundamentals and risk management rather than relying only on brokerage targets.
Level up your investing game. Get an advanced Stock Market Strategy. Register now - www.intensifyresearch.com or WhatsApp - 8109935050
Investment in the securities market is subject to market risk.
