Remain invested in Bharat Financial, advises Amisha Vora

Amisha Vora, Joint Managing Director at Prabhudas Lilladher told CNBC-TV18, "I think Bharat Financial before the demonetisation and before QIP had reached around these levels and then there was a very severe correction post demonetisation. So, in terms of valuation, I think markets are happy to give this 30-35 percent growth, these kind of valuation in the current environment and particularly where the focus on rural is the maximum and the crop to crop season has been good." "I think they are in a very sweet spot at the moment. The market is aghast with all the kinds of news and rumours that it could be a merger candidate or an acquisition candidate which I would not be able to know and in case some such thing does not work out, then there could be a short term correction. However, once again, from a portfolio perspective, I think the growth for next two to five years could be very good. So, one can continue to remain invested," she said.