HDFC Securities presents Company Update: BUY Honasa Consumer, Home First Finance and redusce SBI CARD
MUMBAI, 9 OCTOBER: 1. SBI Cards and Payment Services: Improving asset quality, growth remains a concern. Maintain REDUCE SBI Cards and Payment Services (SBICARD) has gradually improved its pace of card acquisitions in FY27, driving uptick in CIF growth (+7.6% YoY) in Aug-26. However, CIF market share has witnessed marginal moderation (18.5%) over July-Aug’26. Further,…
