Sidhartha Shuklamoneycontrol.comOver the last one year, shares of non-banking finance companies (NBFCs) have found favour with investors as they decided to stay away from beleaguered state-run banks and private banks, some of whom are considered expensive by analysts.With expectation of a good monsoon this year and increased consumption due to the 7th Pay Commission and OROP, rural demand is expected to pick up, which will benefit NBFCs, many of whom have a rural focus, further.
Here's a chart depicting the stock performance of key NBFC stocks over the past one year.
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