Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian Non-Banking Financial Company (NBFC). The company deals in Consumer Finance, SME (Small and Medium-sized Enterprises) and Commercial Lending, and Wealth Management. They are a consumer focused company with emphasis on profitable growth and operational efficiency to deliver best results to all its stakeholders.
From the time of its listing, Bajaj Finance has delivered great returns to its investors. Company has a good growth and dividend record which makes it one of the most favourite stocks of investors. But now when the market capital of company has reached mark of Rs.70k crore, it gets very hard to make any new investment in stock for couple of years to earn great return. I think if someone wants to make fresh investment in NBFC sector should go with stocks like Muthoot Finance and Reliance Capital. But investors those having investment in Bajaj Finance at lower price can continue to hold for some more years.
Incorporated in Maharashtra in 1984, DHFL is a private housing finance company. The company provides housing finance to individuals, co-operative societies, corporate bodies or their nominated employees, groups of persons, etc, and leases commercial and residential premises to reputed companies.
DHFL is one of the best mid-cap stocks who has gave almost 150 percent return in last one year. Fundamentally, stock is a good investment option for long-term. Growth rate of company is great and i think it would get more better in future. Therefore, one can buy this stock for long-term investment.
Vakrangee Limited or Vakrangee Softwares Limited was incorporated in 1990 and has its office based in Pune. Company is an E-Governance service provider in India. The company has network of retail access points to deliver real-time BFSI services, Government to Citizen services and Business to Consumer services to the unserved rural, semi urban and urban markets.
In last one year, Vakrangee’s stock has gave almost 280 percent return. The rise that we are seeing in stock is because of positive chance occurring in fundamentals of company. With increasing usage of online services, performance of company is also getting improved. And i think the growth that we are seeing in results of company would get more better. Therefore, i would advice to remain invested in stock for more couple of years. But it’s true that the present valuation of the company is not cheap.
Indiabulls Housing Finance
Indiabulls Housing Finance is the 2nd largest private housing finance company in India, regulated by the National Housing Bank (NHB). It is a part of Indiabulls group and contributes approximately 80% of the groups turnover. Home loans made up 56% of the company business as of March 2017, whereas loans against property and corporate loans made up the rest, with each sector contributing 22% of the company business as of March 2017.
Indiabulls Housing Finance is among the top dividend payer in our market. Company has been rated out as ‘AAA’ by many Rating Agencies. Stock has gave almost 100 percent return in last one year. Sales turnover, Profit and Growth rate of company for Q4 2017 was also great. All this points indicates the company’s future, attentiveness and concerned for its investors. Therefore, one can surely buy or hold this stock for long-term.
DCB Bank limited is a private sector scheduled commercial bank in India. It has a network of 262 branches and 510 ATMs in the country. The Aga Khan For Economic Development (AKFED) is the promoter of the Bank with around 16.3% stake. The Bank is present in 18 states and 2 Union Territories. It offers products to individuals, small and medium businesses, rural banking and mid corporates across its branch network.
DCB Bank is one of the best PSU Banks those gave almost 100 percent return in last one year. If we consider the valuation picture of the stock, then i have to say that the stock is not something like very attractive. However, there can be great upside in stock in future. But from risk point of view and valuation, i would advice to go with Lakshmi villas bank. Lakshmi villas bank is comparatively available at lower rate than most of the banking stocks.
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