Neutral on Magma Fincorp, no great expectations to deliver: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com shares his views about Magma Fincorp Limited.

ET Now: What is your call on Magma Fincorp?

Deepak Mohoni: Well, Magma Fincorp has not been as strong as Bajaj Finserv which has been running up even in the last seven-eight weeks with the the markets been flat. So, I would say that all in all it is in an uptrend but slightly slower than other sectors. On the positive side, it does not seem to decline much during the bad times. So, I would just put it as a whole but no great expectations.