Non-banking financial companies are institutions other than banks that offer various services like loans, investments and insurance. NBFC stocks represent companies that provide financial services without a banking license but are registered with the RBI. NBFCs fill in the gaps left by traditional banks, especially in the lending space. NBFCs charge higher interest rates on loans compared to banks and operate with less strict capital requirements, which are mandatory for traditional banks in India. As NBFCs play a crucial role in boosting India’s financial growth, here are all the details about NBFC sector stocks.
Name | LTP | Change % | Market Cap (Cr.) | Volume | Day Range | 52 Week High | 52 Week Low |
---|---|---|---|---|---|---|---|
₹8,945.60 | -0.65% | ₹5,57,590.30 | 9,77,099 | ₹8861.00 - ₹9028.90 | ₹9,260.05 | ₹6,375.70 | |
₹227.51 | 0.77% | ₹1,43,441.20 | 3,03,56,334 | ₹226.11 - ₹232.30 | ₹394.70 | ₹198.65 | |
₹12,481.75 | 0.15% | ₹1,38,700.10 | 51,564 | ₹12434.70 - ₹12899.95 | ₹13,238.00 | ₹7,659.95 | |
₹1,519.95 | -0.77% | ₹1,28,806.90 | 9,75,450 | ₹1511.00 - ₹1536.00 | ₹1,652.00 | ₹1,100.50 | |
₹656.00 | -3.32% | ₹1,27,584.10 | 68,06,264 | ₹650.15 - ₹685.00 | ₹730.45 | ₹438.60 | |
₹2,382.90 | 1.92% | ₹93,858.24 | 9,72,236 | ₹2332.05 - ₹2400.95 | ₹2,435.40 | ₹1,505.00 | |
₹881.10 | 1.22% | ₹82,815.63 | 20,95,957 | ₹830.00 - ₹884.50 | ₹884.50 | ₹647.95 | |
₹4,574.45 | 1.49% | ₹49,664.78 | 90,357 | ₹4522.35 - ₹4640.00 | ₹5,535.85 | ₹3,732.90 | |
₹185.07 | -0.08% | ₹48,284.45 | 29,19,014 | ₹183.06 - ₹187.64 | ₹246.90 | ₹149.01 | |
₹160.59 | -0.66% | ₹43,450.40 | 1,74,84,881 | ₹159.00 - ₹166.77 | ₹310.00 | ₹137.01 |
*Disclaimer: The scripts listed are solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
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NBFC sector stocks are publicly traded companies which provide a range of financial services but are not banks. Investment in NBFC stock will provide an opportunity to be a part of the growth story of India’s financial sector. NBFCs provide financial support to other sectors including agriculture, startups and MSMEs.
Investment in NBFC sector stocks will require a demat/trading account which is linked to a bank account. Evaluate the financial health of NBFCs before investing in their stocks. Newcomers in the world of stock market investment can put their money into mutual funds which invest heavily in the NBFC sector.
For any investment in the stock market, one would require a demat account which can be opened with online platforms like Upstox with an easy KYC process. People can also take the help of SEBI-registered investment advisors in selecting a suitable NBFC sector stock for investment.
The NBFC sector earns from interest on loans. These companies are prone to credit risks in cases when borrowers fail to repay their loans. Changes in government policies related to NBFCs can also impact their business and their stock performance. Apart from this, liquidity risk, interest rate sensitivity, and economic and market factors can also affect NBFC’s profitability.
A person who believes in the growth of the NBFC sector in the future and is fully aware of the risks faced by non-banking lenders can consider investing in NBFC sector stocks. Investors with a moderate to high-risk tolerance and a long-term investment target can also consider adding NBFC stock to their portfolio.
Investment in NBFC stocks will offer an opportunity to tap the growing financial and lending market of the country. In comparison with traditional banks, NBFCs can quickly adapt to lending market trends and offer a wider range of financial products to customers.
Largest NBFC sector company is Bajaj Finance Ltd with a market capitalization of ₹557590.30.
Today's Top gainers in Finance - NBFC sector are:
Mangal Credit and Fincorp Ltd (4.30%)
IBL Finance Ltd (4.21%)
Investment Trust of India Ltd (4.02%)
Summit Securities Ltd (3.57%)
Poonawalla Fincorp Ltd (3.50%)
Today's Top losers in NBFC sector are:
Viji Finance Ltd (-5.43%)
Industrial Investment Trust Ltd (-5.00%)
ICDS Ltd (-3.72%)
Fusion Finance Ltd (-3.67%)
U. Y. Fincorp Ltd (-3.54%)
Most active stocks in NBFC sector are:
Jio Financial Services Ltd Vol: 30356334
Indian Renewable Energy Dev Agency Ltd Vol: 17484881
Central Depository Services (India) Ltd Vol: 11646090
Manappuram Finance Ltd Vol: 7040336
Shriram Finance Ltd Vol: 6806264