INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Housing Development Finance Corporation Ltd
with a target price of Rs 2050
The current market price of Housing Development Finance Corporation Ltd
is Rs 1993.3 Time period given by analyst is Intra Day when Housing Development Finance Corporation Ltd
price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 1970
Housing Development Finance Corporation Ltd., incorporated in 1977, is a Largecap company with a market cap of Rs 342742.21 crore.
Housing
Development Finance Corporation Ltd
key Products/Revenue Segments include Interest which contributed Rs 33122.63 Crore to Sales Value (94.13 % of Total Sales), Dividend which
contributed Rs 1079.28 Crore to Sales Value (3.06 % of Total Sales), Income From Sale Of Share Securities which contributed Rs 803.15 Crore
to Sales Value (2.28 % of Total Sales), Fees Other Charges which contributed Rs 144.76 Crore to Sales Value (0.41 % of Total Sales) and
Lease Rentals which contributed Rs 35.35 Crore to Sales Value (0.10 % of Total Sales)for year ending 31-Mar-2018
For quarter ended 31-03-2018, company has reported a Consolidated sales of Rs 19837.09 Crore, up 25.11 % from last quarter Sales of Rs
15855.29 Crore and up 15.28 % from last year same quarter Sales of Rs 17207.86 Crore Company has reported net profit after tax of Rs 3370.11
Munjee, Mr.Upendra Kumar Sinha, Mr.V Srinivasa Rangan, Ms.Renu Sud Karnad
LLP as its auditoRs As on 31-12-2018, company has a total of 1,719,471,258 shares outstanding
