These 4 NBFC
Stocks may give 36percent return in one
hour | Free Stock Tips
Financial
year 2017-18 was good for non-banking finance companies
(NBFCs). Meanwhile, NBFC's retail credit growth is 17-19 per
cent. According to the rating agency Ikra, the pace of growth will
continue in this sector in the current financial year. Experts say that in
addition to credit growth, NBFC sector is in good position compared to banks in
terms of NPA. In this case, outlook is better for NBFC sector. NBFC
Stocks can get good returns in the next one year.
 |
| Free Stock Tips |
According
to the report of Motilal Oswal, Financial year 2018 for NBFC is
good. After the weakness in the ban on bondage, this sector has rebounded. It
has got good growth in all its segments. Although the asset quality of
housing finance companies is stable, while the sales of financial finance
companies have improved. According to Crisil's report, in the next two
years, 20 per cent of the total loan amount of NBFC will go to this sector,
which has been increased from 8 per cent to 19 per cent in the last 5 years.
Outlook is better than these reasons
Sandeep
Jain, Director of Trade Swift Broking, said that the NBFC sector's outlook is
very good. Credit growth in the vehicle segment will be good as sales of
all segments including utility vehicles, cars and vans have been
strong. But due to increasing interest rates, there may be a slight
pressure in the housing segment. This can affect the margins of
companies.
At the same time, according to Market Expert Sachin Sarvade, the business model of NBFC is such that it focuses more on smaller customers. Being less than their average ticket size, the defaults of the default are low. The loan also passes in less time. In this case, NBFC's credit growth is better.
What stocks invest in
#shriram transport finance
Non-banking
finance company Shriram Transport Finance Company (STFC) offers many financial
products such as Commercial Vehicle Finance and Tire Loans. In the fourth
quarter of fiscal year 2018, the company's net profit fell by 3.4
percent. Recently, the STFC has tied up with the Government Petroleum
Corporation, Hindustan Petroleum Corporation (HPCL) to buy customers for petrol
and diesel at the credit ie loan. According to the figures released by the
Society of Indian Automobile Manufacturers (Siam), sales of passenger vehicles
for the second consecutive time have increased 20 percent in May due to strong
sales of all segments including utility vehicles, cars and
vans. Increasing demand in the auto sector will also benefit the
company. Brokerage house Edelweiss has given the target of Rs. 1985 in
STFC. Current price can get returns up to 36% in stock.
#Mootut Finance
Gold
Financing Company Muthoot Finance has targeted to increase the gold loan
business by 15% in the next financial year. The company will be in the new
market for this and will work to simplify the loan structure for the
customers. Muthoot Finance has 4303 branches across the country. From
the next financial year, the company will add 150 to 200 branches every year,
expanding its business. In the fourth quarter, the company's net profits
increased 40.3 percent to Rs 451.39 crore. The gross NPA of Muthoot
Finance has increased from 5.62% to 6.98% in the fourth quarter on a yearly
basis. Sandeep Jain has given the target of Rs. 440 in the stock. Current
price can get returns of 20% in stock.
# DHFL
DHFL
is a housing finance company. The company's business is better in the
Affordable Housing. The company is also doing better in Tier 2 and Tier 3
cities. In the fourth quarter of fiscal year 2018, the company's profit
has increased 30 percent. There is hope for good growth in the housing
sector. In such a situation, management is expecting 30% growth in the
next two quarters. Sachin Sarvade has set a target of Rs 680 for the
stock. The current price is Rs 615, i.e. the share is expected to return
10 per cent.
#Mahindra and Mahindra Finance
Sales
of light commercial vehicles and tractors sales have been increasing due to the
possibility of better monsoon across the country, increasing rural demand and
improving micro economy. According to Siam, sales of tractors have
registered 10 percent growth. Tractor sales of M & M have grown 19 per
cent in April 2018. Increase in Infra-Activity Increased Growth The
company's collection is improved, while the help of OEM and dealership has
helped increase market share. Brokerage house Prabhudas Leeladhar has a
target of Rs 553 in the stock. Current price can get returns up to 14% in
stock.
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The Content of this blog has taken from here;- https://money.bhaskar.com/news/MON-MARK-STMF-MRKT-these-4-nbfc-stock-may-give-36-percent-return-in-one-year-5892993-NOR.html
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