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Pick SKS Micro, Ujjivan Financial: Gaurang Shah

Gaurang Shah of Geojit BNP Paribas is of the view that one may pick SKS Microfinance and Ujjivan Financial Services.

June 03, 2016 / 15:47 IST
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Gaurang Shah of Geojit BNP Paribas told CNBC-TV18, "You can keep your investment in microfinance segment which Equitas Holdings is associated with. As a disclosure, we are having coverage on Ujjivan and SKS Microfinance. We have seen what Ujjivan Financial Services has done today. It was locked up circuit at 20 percent and over the last almost about a week, it has been a consistent gainer on the upside.""I would not comment on Equitas since we did not have a coverage but from here if you want to move your investment, I think at a lower level Ujjivan or a SKS Microfiance would be a preferred investment idea according to us," he added.

first published: Jun 3, 2016 03:47 pm

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