Two out of three loans in this sector are financed by Bajaj Finance. So, I believe Bajaj Finance is in a very favorable position, and I wouldn’t be surprised if the stock doubles in two years. The only thing we need to monitor is whether the company can guide credit costs and confirm that the worst is behind them.
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh shares
Lloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share swaps. The deal