Is there steam left in non-banking finance stocks?

Following a massive rerating on the Street, most stocks are trading at four times their historic book value

Published 5 years ago on Jul 19, 2016 1 minute Read

UR Bhat, MD, Dalton Capital Advisors:

This is one sector that can assure a steady return and reasonable growth. Even if you invest in a stock that is already on the investors’ radar, given its robust financials, you will still get a 15% compound annual growth rate. While there are NBFCs that are lending to much more risky categories, they have got much higher margins which helps them make appropriate provisioning. So, even though their gross NP


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