I concur with @maheshkumar MFL is highly volatile and once it starts its uptrend usually it flies in a short timeframe. This time is no different. As far as my understanding goes, the management will not demerge the microfinance unit atleast in the next 2 years.
Nanda is in talks with multiple PE players and they should bring one strategic investor to establish a baseline / benchmark the valuation for Asirvad Microfinance (before they demerge). @arjunbadola
There’s still a lot of overhead supply hanging on this stock and we need very strong hands to move it up against gravity. Let’s see how the events unfold.
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