Turnaround after battling many headwinds? 4 microfinance stocks with upside potential of up to 38% in next one year
Right from the Covid-19 crisis to the tightening of regulatory requirements on capital in a short span and increasing competition, all these three headwinds hit the microfinance industry in one go. The result, the stocks that at one point in time were getting high valuations cracked sharply and underperformed. This is how the journey of the last few years of microfinance companies can be described. However, given the fact that they are the lender to the most marginalized section of society where the requirement of capital is always high, these companies have been able to manage and have been ...
Source: indiatimes.com
