Motilal Oswal Recommends 'BUY' on Equitas SFB with Rs 80 Target

• Motilal Oswal recommends a 'BUY' rating for Equitas Small Finance Bank (EQUITASB).
• The target price set by Motilal Oswal is Rs 80 per share.
• Equitas SFB reported a Q3FY26 PAT of approximately INR900 million, a 36% YoY increase.
• The bank's Net Interest Income (NII) grew 4.1% YoY/10.1% QoQ to INR8.5 billion.
• NIM expanded by 43 basis points QoQ to 6.72% in Q3FY26, with cost of funds declining to 7.13%.

Why It Matters: Motilal Oswal advises buying Equitas SFB, projecting an Rs 80 target based on strong Q3FY26 performance.