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.
Assembly Election 2019 Results Updates:
Catch Maharashtra Election Result 2019 updates, news and views here
Catch Haryana Election Result 2019 updates, news and views here
Catch Bypoll Results 2019 updates, news and views here
For full coverage, click here.The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .