Maintains 'Equal-Weight' With Target Price Of ₹685
February Spend Market Share Flat At 15.7% (MoM)
February Spend Declined 9.7% (MoM), Compared To A 9.2% Decline For The Industry
Market Share In Credit Cards In Force Was 18.9% As Of February 2025
Aggregate Daily Spending Rose 11% (YoY) In March