Stewart & Mackertich has recommended the “strong buy” of a high-quality NBFC stock. The company is well placed to accelerate growth towards retail lending with healthy margins, stronger fee income and lower credit costs. It has established fee as a second line of income to counter interest rate cycle. The company has used power of digital and data analytics to unlock RoE and improved competitive position across all products
Sandip Sabharwal has recommended four multibagger stocks, namely, Triveni Turbines, L&T Finance holdings, Jain Irrigation and Manappuram Finance, for investment in his interview to ET Now.