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Invest in Piramal Capital NCDs only if you can take some risk

Invest in Piramal Capital NCDs only if you can take some risk
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Piramal Group , Dewan Housing Finance Corporation , Piramal Capital , Housing Finance , பிரமல் குழு , திவான் வீட்டுவசதி நிதி நிறுவனம் , பிரமல் மூலதனம் , வீட்டுவசதி நிதி ,

Ajay Piramal is taking a leap of faith with the acquisition of DHFL. Can he get it right this time?



BCCL
From left, Ajay Piramal, chairman, Piramal Group; Rajesh Laddha, executive director & group chief financial officer, Piramal Enterprises Ltd.; Khushru Jijina, managing director, Piramal Capital & Housing Finance Limited; Jairam Sridharan, CEO, Piramal Retail Finance
Synopsis
Piramal Group’s DHFL acquisition is a combination of Ajay Piramal’s aspiration to build a decent-scale financial-services business and the management’s perseverance through the bidding war. Analysts say there is adequate upside potential in the deal. But, like always, there are an equal number of challenges. The street will closely watch this two-time bank-licence aspirant get his act together.
It was in 2018 when the unthinkable hit India’s financial-services sector. The mighty Infrastructure Leasing and Financial Services (IL&FS) collapsed, and with it, the entire non-banking financial services space crumbled. While the first to fall was Dewan Housing Finance Corporation ....

Ajay Piramal , Dewan Housing Finance Corporation , Financial Services , Infrastructure Leasing , Dewan Housing Finance Corporation Limited , Piramal Capital , Housing Finance , அஜய பிரமல் , திவான் வீட்டுவசதி நிதி நிறுவனம் , நிதி சேவைகள் , உள்கட்டமைப்பு குத்தகை , திவான் வீட்டுவசதி நிதி நிறுவனம் வரையறுக்கப்பட்டவை , பிரமல் மூலதனம் , வீட்டுவசதி நிதி ,