FREE Account Opening + No Clearing Fees
Loading...

Feedback Message Board



1 Comments

1. Kamal Garg   I Like It. |Report Abuse|  Link|April 3, 2023 11:24:50 AMReply
Sir,
Two concerns :
(1) Should one invest in the parent company's NCD issue (of course, now closed) at 9.71% coupon (with monthly interest payout) or should one invest in this company at 10.03% coupon (with monthly interest payout).
(2) While this company is also into “long-term secured mortgage-backed loans”, whereas parent Indiabulls Housing Finance is also into “long-term secured mortgage-backed loans”. So what is the difference or fine difference between these two companies – holding and subsidiary company.
Both companies enjoy same credit rating, still, would it not be better to invest in parent Indiabulls Housing Finance's NCD.