Strong Buy Recommendation Of NBFC Stock For 42% Gain

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

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