Positive impactSector
Stocks to buy: Jefferies lists 11 NBFC picks with up to 48% upside potential. Do you own any?
Economic Times 1 hr ago·23 Sept 2026, 8:05 am
Jefferies has identified 11 non-banking financial companies (NBFCs) as strong investment opportunities, assigning a 'Buy' rating to each. The brokerage believes these firms are well-positioned to benefit from robust loan disbursement growth and stable asset quality. This optimism suggests that the sector is navigating current economic headwinds effectively.
For investors, this report highlights a basket of potential high-growth stocks within the financial services space. However, the market will closely monitor funding costs and net interest margins (NIMs) to gauge the sustainability of this growth. Investors should track these key metrics to understand the long-term profitability of these entities.
Excerpt from Economic Times
Jefferies assigns ‘Buy’ calls to 11 non-banking financial companies (NBFCs), with target prices implying up to 48% upside potential. It also has ‘Hold’ ratings on Mahindra Finance, LIC Housing Finance, Bajaj Housing Finance, SBI Cards, Muthoot Finance, Piramal Finance and IIFL Finance. The brokerage hosted nine of the…Read the original at Economic Times
Key takeaways
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
