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Last Updated : Aug 10, 2016 04:35 PM IST | Source: CNBC-TV18

Buy Manappuram Finance on dips, says Neeraj Deewan

Neeraj Deewan of Quantum Securities is of the view that one can buy Manappuram Finance on dips.


Neeraj Deewan of Quantum Securities told CNBC-TV18, "Most of the gold finance companies have been showing very good numbers and the growth in asset under management (AUM) is 28-30 percent. So, Manappuram Finance will be one where even inspite of the run up, I feel there is still upside for the stock based on the numbers and one should be looking at buying on dips."

"The other stock would be Care Ratings where we have been waiting for some improvement in the topline in the rating revenue which was visible in this quarter. So, Care Ratings, after the number needs to be rated further and there is an upside possible in the stock as well," he said.

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First Published on Aug 10, 2016 04:32 pm
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