Key Points
One change for making higher provision for unsecured loans and we see all the NBFC stocks tumbling..
But four weeks later what is the situation, no one on the street is even talking about it and stocks have crossed the level when the announcement was made..
The fact is that some regulatory measures are indicators of overall growth potential which the regulator is just trying to moderate in order to avoid overheating of some segment of industry..
The other question is that an industry like NBFC which is bound to grow given the fact that capital was, is and will remain a scarce commodity, which are the benchmark which one should use to take exposure with a long term perspective...
But this becomes one of the most important factors in one industry i.e financial service and NBFC space..
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Chinese headwinds, they too shall pass: 6 chemical stocks with an upside scope of up to 42%
24, Oct, 23While the mid and small cap saw sharp corrections on Monday, the fact is speciality chemical space has been in a very different kind of correction for the last two years. In the last five years many segments of the chemical and specialty chemical sector had been coming into focus. They stay in the limelight for some time, then as too much money chases them which makes their valuations move up sharply and then a long phase of correction after which strong players are able to move upward much faster. While they come under the broad umbrella word of “Chemical sector” the fact is that each specialty chemical company is literally an industry itself with its own operating matrix of supply chain and demand. We look at the 6 stocks, including 4 stocks where analysts have “hold” recommendation at a time when chinese headwinds are blowing.