NBFCs can do better now; betting on industrials, not metals: Gurmeet Chadha
“In metals, we like specialty steel play, alloy steel play which is Mukand. It is more a turnaround story with the Bajaj Group now having 74% stake in them. They have retired almost Rs 1500 crore of debt and the turnover is inching towards Rs 6,000 crore. It is a nice restructuring turnaround as well as nice operating and financial leverage playing out.”
