Can Fin Homes best bet, says Mehraboon Irani

Mehraboon Irani of Nirmal Bang Securities told CNBC-TV18, "I am very positive on microfinance, along with NBFCs and broking industry. Broking industry is something which not many speak about. I think I would go with possibly Edelweiss Financial Services, Motilal Oswal Financial Services and IIFL Holdings, select whichever you want and my preference is Edelweiss and second would be India Infoline and the Motilal Oswal." "My best bet would be HDFC but as a core stock in our portfolio it would be Can Fin Homes, a company which is growing at a phenomenal pace and I personally believe that over the next one to one and half years this company’s balance sheet size will be much bigger than what it is today. So, while it is nice to say that this stock really run up very sharply but even at the present valuation, I think there is still money left on the table for investors to be made if they buy at the present price," he said."So, vis-à-vis DHFL for which I do not have any negative comments to offer, certainly the results are inline with expectations but I would put Can Fin Homes as my best bet in the housing finance space with HDFC being what it is, a core stock."