Top 5 NBFC stocks to invest in November 2023

Published : 31 October 2023

Bajaj Finance Ltd

The company provides lending facilities to retail customers

21.16%

67.84%

ROE

OPM

₹ 7471.90

14.76%

CMP

ROCE

Shriram Finance Ltd

The company provides financial lending to customers in the segment known as pre-owned trucks and Small Truck Owners (STOs)

13.81%

69.38%

ROE

OPM

₹ 1902.20

16.25%

CMP

ROCE

Cholamandalam Investment and Finance Company (Chola) Ltd

The company has a large presence in South India and offers lending to SMEs.

18.57%

72.66%

ROE

OPM

₹ 1149.00

24.18%

CMP

ROCE

Muthoot Finance Ltd

The company is popular for providing loans against gold

16.67%

76.75%

ROE

OPM

₹ 1300.50

24.11%

CMP

ROCE

Indian Railway Finance Corporation Ltd

It is an NBFC under the wings of the Indian government

13.93%

99.54%

ROE

OPM

₹ 72.90

9.08%

CMP

ROCE