Avinash Gorakssakar, Market Expert told CNBC-TV18, "In the shorter term, there could be some margin pressure because not only the third quarter, but we have seen some news reports coming on Repco Home Finance saying that there was some fraud activities also reported by some officials. However, overall the business model for this company is pretty solid." "I think they are a very dominant player in the South and our sense is that if one were to take at least a 12-month view, I would presume that the housing finance market would definitely bounce back. I think despite the fact that demonetisation has impacted demand at least partially, so I mean longer term definitely prospect remain quite good.""I would not be surprised that this company could definitely give a better risk reward ratio if investors can even hold for the next 12-15 months. Definitely, longer term prospects continue to be strong."
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