Moneycontrol
Last Updated : Jun 19, 2020 10:07 PM IST | Source: Moneycontrol.com

Ideas for Profit | Indostar Capital: Weak Q4 earnings, but will Brookfield’s ownership help the stock re-rate?

Indostar Capital Finance, a private equity-backed NBFC, reported weak performance in the March quarter.

Indostar Capital Finance, a private equity-backed NBFC, reported weak performance in the March quarter.

The non-bank lender ran up a huge loss in Q4 FY20. Brookfield's decision to pick up equity in the company inspires confidence.

Indostar’s small size, limited history, and real estate exposure led to investors’ nervousness in the past. But with Brookfield on board now, will the perception change? CNBC TV18's Sonal Bhutra analyses.
First Published on Jun 19, 2020 10:06 pm
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