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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For me, Findi is a high conviction stock, based on:The...
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Last
$4.21 |
Change
-0.140(3.22%) |
Mkt cap ! $205.4M |
Open | High | Low | Value | Volume |
$4.30 | $4.36 | $4.21 | $302.3K | 70.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6404 | $4.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.31 | 467 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6404 | 4.210 |
4 | 7167 | 4.200 |
1 | 467 | 4.180 |
1 | 467 | 4.170 |
2 | 2156 | 4.160 |
Price($) | Vol. | No. |
---|---|---|
4.310 | 467 | 1 |
4.320 | 467 | 1 |
4.340 | 467 | 1 |
4.350 | 467 | 1 |
4.360 | 2173 | 1 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
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