Bajaj Finance a good investment bet, says Dipan Mehta

Bajaj Finance is a good investment bet among NBFCs, says Dipan Mehta, Member- BSE/ NSE.
 
Mehta told CNBC-TV18, “We are very positive on the NBFCs and amongst all the NBFCs the best in the pack according to us is Bajaj Finance and that is again with the usual disclosure that we have investments and recommendation, that seems to be attractively valued and you like the business model per se. It is not completely focused only on the auto sector so that is kind of slightly more de-risk business model than some of the other listed NBFCs.”
 
He further added, “Bajaj Finance is one kind of company if you were to ask me would do pretty well over the next few months or so. But as I said earlier NBFCs, private sector banks, pharmaceutical companies and select IT companies that should be the broad canvas that investors should be looking at and investing in depending upon how the performances and what is the level of risk appetite.”