Feb 24, 2019

NBFCs has faced crisis but its stocks are running

NBFCs has faced cash crisis but many stocks are running due to better valuation and growth. Growth is high but cost of capital has increased recent time. Liquidity crisis is over. So, investors are utilizing the time. They are investing in well run companies.

Few experts are still talking about liquidity crisis and bad debt in the sector. But worst are past now. Growth in Microfinance is still there.

Satin Creditcare (Rs 241), Manappuram Finance (Rs 112) and Muthoot Finance (Rs 537).

Manappuram Finance and Muthoot Finance are mainly into gold loan too which will help in bad market condition. Gold is going up and this will help both companies.

All stocks mentioned here have done very good in short period of time.
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