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Image Credit: Bloomberg Quint

Shriram Finance, PNB Housing Finance, L&T Finance — Motilal Oswal Top Stock Picks In NBFCs; Q1 Results Preview

  • Motilal Oswal's top stock picks in the NBFC space for Q1 include Shriram Finance, PNB Housing Finance, and L&T Finance.
  • Cost of borrowings for most NBFCs has slightly decreased due to the repricing of EBLR borrowings.
  • Large housing finance companies are facing tough competition from PSU banks offering lower home loan rates, forcing some HFCs to forgo such business to maintain yields.

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