For me, Findi is a high conviction stock, based on:
- The incredible growth of FII capital flows into India, especially into financial services companies
- Indians save about USD800 billion annually and the equity participation, even after the incredible growth since Covid, is only about 7-8%. The domestic institutional investors (DIIs) are sustaining the BSE and NSE indices.
- Most big-ticket future capital investments will be through private equity participation that will give a transparent valuation of the business periodically
- India's Digital Public Infrastructure (DPI) components, such UPI, ONDC, Aadhaar ID etc. are working in unison to drastically cut business costs and at the same time improve business outputs
- In the past, the Indian economy has not done justice to its potential and often been an under-performer. Now it is in the ascendency phase as in the case of the S-Curve adoption
Having said that my downside scenario is all related to personnel risks!!!
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Last
$3.60 |
Change
0.220(6.51%) |
Mkt cap ! $175.6M |
Open | High | Low | Value | Volume |
$3.38 | $3.62 | $3.38 | $278.2K | 78.47K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1283 | $3.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.60 | 2560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1283 | 3.580 |
1 | 300 | 3.490 |
1 | 2873 | 3.480 |
1 | 1000 | 3.390 |
2 | 6599 | 3.370 |
Price($) | Vol. | No. |
---|---|---|
3.620 | 2285 | 1 |
3.630 | 1500 | 1 |
3.690 | 1500 | 1 |
3.700 | 44000 | 1 |
3.710 | 2000 | 1 |
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