Cholamandalam Shares: A Buy Call by Axis Securities Post Q2 Results
Axis Securities has maintained a ‘buy’ call on Cholamandalam shares after the company posted inline Q2 results. The brokerage firm cited improved H2 outlook and robust disbursement momentum as the key reasons for its bullish stance.
According to the management, a strong rebound in H2 is expected after a muted disbursement growth in H1. The disbursement momentum in Oct’25 has remained robust, which is a positive sign for the company’s growth prospects. However, the management does not see a risk to maintaining AUM growth at 20+% in FY26, although disbursement growth could likely fall a shade short of the earlier guidance of 10% in FY26.
Improved H2 Outlook: A Key Driver for Cholamandalam Shares
The improved H2 outlook is a key driver for Cholamandalam shares, as it indicates a strong rebound in the company’s growth prospects. The management’s expectations of a robust disbursement momentum in H2 are based on the company’s historical performance and industry trends. As the Indian stock market outlook continues to be positive, Cholamandalam shares are likely to benefit from the overall growth momentum.
Robust Disbursement Momentum: A Positive Sign for Cholamandalam Shares
The robust disbursement momentum in Oct’25 is a positive sign for Cholamandalam shares, as it indicates a strong demand for the company’s products and services. The management’s expectations of a strong rebound in H2 are based on the company’s ability to maintain a robust disbursement momentum, which is a key driver for the company’s growth prospects. As the Indian economy continues to grow, Cholamandalam shares are likely to benefit from the overall growth momentum.
AUM Growth: A Key Metric for Cholamandalam Shares
AUM growth is a key metric for Cholamandalam shares, as it indicates the company’s ability to grow its assets under management. The management’s expectations of maintaining AUM growth at 20+% in FY26 are based on the company’s historical performance and industry trends. As the Indian stock market tips continue to be positive, Cholamandalam shares are likely to benefit from the overall growth momentum.
Axis Securities’ Buy Call: A Bullish Stance on Cholamandalam Shares
Axis Securities’ buy call on Cholamandalam shares is a bullish stance, as it indicates a strong confidence in the company’s growth prospects. The brokerage firm’s expectations of a strong rebound in H2 and robust disbursement momentum are based on the company’s historical performance and industry trends. As the Nifty today continues to be positive, Cholamandalam shares are likely to benefit from the overall growth momentum.
Conclusion: Cholamandalam Shares a Buy Call
In conclusion, Cholamandalam shares are a buy call, as the company’s improved H2 outlook and robust disbursement momentum indicate a strong rebound in its growth prospects. The management’s expectations of maintaining AUM growth at 20+% in FY26 are based on the company’s historical performance and industry trends. As the Sensex news continues to be positive, Cholamandalam shares are likely to benefit from the overall growth momentum. Therefore, investors can consider buying Cholamandalam shares, as it is a good investment opportunity in the Indian stock market.