Buy SKS Microfinance: Baliga

Ambareesh Baliga, Independent Analyst is of the view that one can still buy SKS Microfinance.

Baliga told CNBC-TV18, “SKS Microfinance is one stock, which was completely down and out. It felt from about Rs 1,600 levels to levels closer to about Rs 65-70. Here, I see a complete game changer for them in the microfinance bill. Already their performance is improved, they have turned around in the last results, which were shown and going ahead, I see that the whole business complexion of microfinance changing. So SKS even at the current juncture despite the sort of move which we have seen in the last close to about 7-8 months, I think can still be bought. It can still be possibly a multibagger from hereon.”