Pramod Amthe has a reduce on InterGlobe Aviation. Here’s why
“In financials, from top down, we are positive on NBFCs and also on the MFIs, in which space we like both the Home First Finance and the Spandana Sphoorty. We broadly feel that the NIM expansion trend is possible in this segment, coupled with the strong growth in the lending book. That is the broader macro which we are trying to play through these two names.”
