Why Muthoot and Manappuram can be safer bets than metal stocks amid commodity rally: Sameer Dalal
Gold prices staying elevated could boost gold loan companies more safely than metal stocks, says Natverlal & Sons Stockbrokers CEO Sameer Dalal. While commodities like silver, copper and aluminium have rallied, much of the upside in stocks such as Hindalco and Hindustan Zinc appears priced in. Muthoot Finance and Manappuram Finance may benefit from stable gold prices.