even without gold loans which accounts for only 30% of the loan book, the stock is currently aptly priced. so if the ban gets lifted it will be double dhamaka. if the ban stays, it is still a single dhamaka (as stock price corrected more than 30% since the gold loan ban. but gold loan comprises only 30% in their earnings. this stock price arbitrage will soon get caught up. plus there is a fund raising via rights issue, these fresh funds will nullify the gold loan ban by increasing the volume of non-gold loans)
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