Dear friends, Is it advisable to invest in this NCD? Is it a reliable company? Can we apply for monthly interest for 1-year? Experts, please comment. Thanks.
There would be a lot of scrutiny on NBFCs after IL&FS fiasco. Company looks ok with a lot of similar peers. The NCDs are secured but not sure how will Kerala floods affect their revenue source. There is some risk but things shouldn't change much in a year's time.
If BJP struggles to retain power, the 12% interest will beat NSE easily in 2019.
Is it advisable to invest in this NCD? Is it a reliable company? Can we apply for monthly interest for 1-year? Experts, please comment. Thanks.