We believe that the correction in NBFCs reflects the change in sector dynamics. Namely, the cost of funding for NBFC firms has risen, which will impact their margins, says Vivek Ranjan Misra, Head of Fundamental Research, Karvy Stock BrokingApar Industries, ICICI Bank among top 5 stocks which could give multibagger returns
We believe that the correction in NBFCs reflects the change in sector dynamics. Namely, the cost of funding for NBFC firms has risen, which will impact their margins, says Vivek Ranjan Misra, Head of Fundamental Research, Karvy Stock Broking
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