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NBFC stocks: Catching the falling knife could be tricky amid fresh concerns

Stocks of non-banking lenders came under pressure on Tuesday as concerns on liquidity resurfaced

Topics
Nbfc  |  Il&fs Crisis  |  Pnb Housing

Hamsini Karthik 



NBFC
Illustration by Ajay Mohanty

The latest candidate in the rating downgrade cycle — — saw its stock price fall over 8 per cent. Not just that, it took a whole bunch of its peers down, with stocks of non-banking financial (NBFC) — Indiabulls Housing, Dewan Housing, L&T Finance, Shriram Transport, and Repco Home Finance — falling 3-8 per cent.

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First Published: Tue, April 30 2019. 23:31 IST

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