Would buy Indiabulls Financial Services at current levels: Siddharth Sedani, Microsec Capital Ltd
In terms of the financial services business, it is quite robust.
What would you do with Indiabulls Financial Services, would you buy that at current level?
Yes, because financial services industry is looking very robust. One segment of this financial services is equities and I think equity has just a penetration of 3-4% in India. So looking at the other segments also, the exposure penetration level in India is quite low.
So in terms of the financial services business, it is quite robust. The Indiabull Financial Services has reported a robust quarterly numbers also and in terms of their performance, looking at the industry scenario, I think this company should deliver well.
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