It has been improving the share of secured loans in the loan book over the past few years. Its loan book is spread across multiple states with a lesser geographical concentration. Given these factors and a reasonable valuation, investors with a long-term view may consider the IPO.
Abhijeet Bora’s top 10 Diwali stock picks from large, mid, and small caps
Last few years if you see the rally was supported by both earnings growth as well as the expansion in the PE ratio for the