On Tuesday, when a large private bank announced that margins will be under pressure even in Q3, the stock slipped 5%. Don’t be surprised by either the guidance or the stock’s performance. It might happen in some other banks as well. But it is still a short-term issue. Structurally, banks are much better placed today. Their books are in far better shape compared to what they were some time back. So, short-term hiccups will come; just look beyond them. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
