New Delhi, Oct. 2 -- Even as Nifty 50 is down almost 10% over the last one year, some of its components have surged up to 45% in this period- one of them is a multibagger NBGC stock that has seen profit booking this year, raising questions if it is a stock to buy now at the current juncture.

The stock we are discussing is Shriram Finance - the heavyweight non-banking financial company (NBFC) stock, with a market capitalisation of Rs.2,22,363 crore on the NSE as of 2 October.

While year-to-date, Shriram Finance share price is down 7.33% compared to a 14.25% decline in the Nifty 50, the stock has delivered a strong return of 45.68% in the last 1 year.

On a monthly scale, the stock shed 11.5% in September, snapping its five-month winning ...