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Things are looking positive for the NBFC space, says SP Tulsian

Updated : October 31, 2018 04:08 PM IST

In an interview to CNBC-TV18, SP Tulsian shared his views on the fundamentals of the market. He also spoke about specific stocks and sectors.

On housing finance companies (HFC), Tulsian said, “I have been saying this that there is absolutely no problem seen for the housing finance companies because it was bizarre to presume that none of the installments will come from the home loan buyers and company will have to keep honouring the installments.”

PNB Housing has raised Rs 4,000 crore plus via commercial paper (CP) in the month of October and this is seen as a positive move, Tulsian said.

"Overall I am happy that the fear of the liquidity crisis is seen receding away which was seen more in case of HFCs which was unwarranted,” he said.

“Things are looking positive even for the NBFC space. If you have a good pedigree, NBFCs, go for it. If you have housing finance companies, you do not need to worry,” Tulsian added.

On Dabur Q2 earnings, Tulsian said that the numbers were not disappointing. 

The focus is now more on the financials and people are now not in the mood to look at consumption stocks, he said.

"However, I will not be calling Dabur numbers bad at all and I will not hesitate in giving a buy call,” Tulsian added.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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