Investor Zone
After the huge profits made by private equity firms in Shriram Finance, many firms are trying their level best to get a stake in the Chennai-based Hinduja Leyland Finance. Within a span of less than two years the company has succeeded in building assets in excess of Rs.2,000 crore. Private equity firms believe that getting a stake into this company in the initial years should pay handsome dividend as the truck finance business is likely to pick up once the economy gains momentum. They assert that a company which could build up assets of Rs. 2,000 crore in a challenging period has the potential to grow manifold in the coming years.