What is this big buzz around these MFI stocks?
Ujjivan Finance has been one of the classic outperformers post listing. A small microfinance company, Ujjivan, has given over 100% returns in the 3 months post listing. Ujjivan is just a microcosm of a larger story that is building up in Indian markets called micro-finance stocks. This includes stocks like Ujjivan, Equitas as well as Bharat Finance Inclusion (formerly SKS Micro), among others. What is the big story that is driving these MFI stocks? Continue reading