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What makes this MSME lender hot favourite among investors

What makes this MSME lender hot favourite among investors
What makes this MSME lender hot favourite among investors
While on the one hand the strategy has taken a toll on the lender’s financial performance, on the other it has helped in boosting the tier-1 capital adequacy ratio (CAR) to a strong 32.7%.

Synopsis

The scrip of the mid-sized lender to micro, small and medium enterprises has gained 53% over the last three months compared with 27% gain in the S&P BSE finance index.

ET Intelligence Group: Shares of MAS Financial Services have gained 18.7% in the three trading sessions since the firm announced its second-quarter results on November 11, as investors cheered its collection efficiency, higher liquidity and comfortable asset quality.The scrip of the mid-sized lender to micro, small and medium enterprises has gained 53% over the last three months compared with 27% gain in the S&P BSE finance index.As a
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