Why Jefferies is betting big on NBFCs: Top picks with 28% to 72% upside potential
Jefferies predicts steady growth in financial sector despite tensions in West Asia. NBFCs expected to see improved profitability in upcoming quarter. Key stocks to monitor include Cholamandalam Investment, Shriram Finance, Mahindra Finance, LIC Housing Finance, Can Fin Homes, Aptus Value Housing, and Bajaj Finance. Management commentary on future growth should also be considered by investors.