Moneycontrol PRO
HomeNewsBusinessStocksExpect Indusind & Bharat Financial to rally post deal, if it happens: Investec Capital

Expect Indusind & Bharat Financial to rally post deal, if it happens: Investec Capital

In an interview to CNBC-TV18, Nidhesh Jain, Analyst at Investec Capital Services shared his views on non banking financial companies (NBFCs) and also spoke about the deal in the making - IndusInd Bank and Bharat Financial Inclusion.

September 07, 2017 / 10:36 IST

In an interview to CNBC-TV18, Nidhesh Jain, Analyst at Investec Capital Services shared his views on non-banking financial companies (NBFCs) and also spoke about the deal in the making - IndusInd Bank and Bharat Financial Inclusion.

Expect both Indusind Bank and Bharat Financial to rally post deal, if it happens, said Jain.

Jain is cautious on Bajaj Finance's valuations. Current levels are tough to justify, he said.

However, he does not see risks emanating for Bajaj Finance currently.

Watch accompanying video for more details.

first published: Sep 7, 2017 10:36 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai