2 midcap stocks are Vikas Sethi’s Diwali dhamaka picks. Here’s why
“Poonawalla Fincorp is a very strong NBFC, the management is very aggressive and they are nowadays focussing on retail where there is very less NPAs and tremendous growth. Ever since the new management has taken over this company, the cost of funds have come down from close to 9% to 6%. Their CAR is at 40% and I see tremendous opportunity for this company going ahead.”