The brokerage is upbeat on Northern Arc's structural transition toward direct-to-customer (D2C) lending and rising fee income contribution ...
Motilal Oswal is bullish on Northern Arc Capital recommended buy rating on the stock with a target price of Rs 360 in its research report dated.
Given the positive backdrop, the brokerage believes Northern Arc is well-positioned for a multi-year growth cycle.
A strategic shift to the D2C business, a balanced business model, a robust risk architecture and an attractive valuation make MOSL bullish on Northern Arc Capital.