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Aug 06, 2012, 06.32 PM IST

SKS Microfinance can touch Rs 120-125: Diwan

Prakash Diwan, Prakash Diwan's Wealth Circle is of the view that SKS Microfinance can touch Rs 120-125.

Prakash Diwan, Chief Portfolio Strategist

Expertise : Equity - Fundamental

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Markets And Macros at 11:00 am
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Prakash Diwan, Prakash Diwan's Wealth Circle is of the view that SKS Microfinance can touch Rs 120-125.


Diwan told CNBC-TV18, "It might conventionally seem to be a share that’s topping out and profit booking could ideally be the course. But in this case characteristically SKS Microfinance still has a lot of steam given the fact that RBI is finally changed its stance towards the entire MFI sector. Ideally being a leader SKS could definitely be in that Rs 120-125 zone in the next few months."


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