Would prefer India Infoline in NBFC space: Pankaj Pandey, ICICI Direct

Pankaj Pandey, Head of Research, ICICI Direct talks about the NBFC space.

In the NBFC space, is there any stock that you like from a short to a medium-term perspective?

In terms of broking space, what we have seen over the last quarter is that there is an 11% jump in volumes and they have fairly active primary market also. So in that sense, question on quarter perspective, we are expecting Motilal Oswal, Edelweiss and India Infoline to deliver well. In terms of valuation divergence, India Infoline is the cheapest of them and we would prefer India Infoline from that perspective.