Any insight about future of Micro finance company next 2-5 year

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Thamizh, May 18, 2017.

  1. Thamizh

    Thamizh New Member

    Joined:
    Dec 23, 2016
    Messages:
    22
    Likes Received:
    4
    What is your on micro finance sector 2-5 year. I seen equitas, ujjivan & Bharat Financial Inclusion were struggling after demonetization and farmer loan waiver . Does these have any impact on near time say next 2-5 years.

    I hold Bharat Financial Inclusion and bought it 2 years ago and in decent gain. Shall I hold it or switch to other finance company e.g. Bajaj Finance/Chola/ any other company with strong fundamental. I see Bharat Financial is more volatile .
     
  2. RaghuStockAdvisors

    RaghuStockAdvisors New Member

    Joined:
    Apr 25, 2017
    Messages:
    23
    Likes Received:
    14
    I feel you can hold it as small ticket lending is moving from unorganized to organized hands. Also these are retail loans. Unless govt bans these companies there wont be problems.
     
  3. ssgeethan

    ssgeethan Member

    Joined:
    May 2, 2015
    Messages:
    47
    Likes Received:
    19
    Equitas is reducing its exposure in micro finance and has started to concentrate on other verticals. Hence it will be a good bet.
     
    Thamizh likes this.
Loading...