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IDFC First Bank or IndusInd Bank? Chakri Lokapriya answers
According to Chakri Lokapriya, CIO & MD of TCG AMC, IndusInd Bank is a favorable choice due to its fewer issues and efforts to improve its margin profile. The stock may see further improvement if credit costs decrease and if the bank is nearing the peak of the interest rate cycle. Regarding JSW Energy, Lokapriya believes it is a good investment due to its restructuring, debt reduction plans, and potential for adding more megawatts. However, in the paints segment, competition and declining margins make him cautious, and he recommends staying away from Berger Paints and other companies in the industry.
