As per my understanding the fall in share price is because the perception of the street changed as the earlier management guided for low OPEX and no expansion in branches for next 4-5 years. And the new management is emphasizing on more branches which will increase their OPEX cost. I think the Pedigree of the new management is much better if not same than the earlier management and as they walk their talk the market will again rerate this stock. I am very confident that this stock should start performing from here as the Interest rate cut is around the corner. If one is looking to play the NBFC theme this is one stock to look out for!
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