Financial stocks are back in demand as fresh bank sanction of loans rose by 90% to Rs 1.4 lakh crore in FY22 after a multi-year drop in FY21. In the previous corporate capex cycle fresh bank sanctions rose to Rs 4 lakh cr between FY10 and FY11. Further, the real lending rates have turned softer.
Sandip Sabharwal optimistic on auto stocks despite challenges in two-wheeler demand
The acquisition also seems to be reasonably priced. So, it will only add value to the company because the acquiree SML ISUZU has a good