Quote on post budget by Sonam Srivastava, smallcase Manager and Founder, Wright Research
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Below the Quote on post budget by Sonam Srivastava, smallcase Manager and Founder, Wright Research
“The government's announcement to build 3 crore additional houses is a major boon for both housing finance companies and cement companies. Housing finance firms stand to benefit from a surge in loan demand as more people seek to own homes. This increased business could lead to expansion and new market opportunities, particularly in rural areas. However, they must also navigate challenges in credit assessment and risk management, especially in the affordable housing segment. Cement companies will experience a surge in demand for their product, driving sales and potentially allowing for price increases. To meet the heightened demand, they may need to invest in expanding production capacity, while also managing rising raw material costs.”
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