1 month ago

Mukul Agarwal Raises Stake in Laxmi India Finance

Mukul Agarwal Raises Stake in Laxmi India Finance
Double-digit growth, cheap valuation: Why Mukul Agarwal increased his bet on this NBFC · financialexpress.com

Mukul Agarwal, a well-known investor, has increased his investment in a small financial company called Laxmi India Finance.

This company helps small businesses and self-employed people get loans, especially in smaller cities and rural areas.

Agarwal first invested in this company last year and has now increased his stake.

The company is growing fast, with a lot of loans given to small businesses.

It is also expanding and using new technology to make things better for customers.

The company's stock is cheaper compared to others in the same industry, which might be why Agarwal finds it attractive.

However, there are some concerns about the quality of their loans, as some borrowers are not paying back on time.

Overall, Agarwal seems confident in the company's future, but investors should keep an eye on how things develop.

Key facts

Investor
Mukul Agarwal
Company
Laxmi India Finance Ltd.
Stake Increase
0.75%
Total Holding
4.58%
AUM Growth
27.4% YoY
MSME Loans
₹1,298.68 crore
PE Ratio
11.8x
PBV Ratio
1.26x

Sources

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