Buy Can Fin Homes, target Rs 295: Manas Jaiswal

INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Can Fin Homes Ltd
with a target price of Rs 295
The current market price of Can Fin Homes Ltd
is Rs 264.8
Time period given by the analyst is Intra Day when Can Fin Homes Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 249. Can Fin Homes Ltd., incorporated in 1987, is a midcap company with a market cap of Rs
3525.92 crore. Can Fin Homes Ltd
key Products/Revenue Segments include Interest which contributed Rs 1490.56 Crore to Sales Value (96.54 % of Total Sales) and Fees Other
Charges which contributed Rs 53.34 Crore to Sales Value (3.45 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 448.54 Crore, up 6.55 % from last quarter Sales of Rs
420.96 Crore and up 14.39 % from last year same quarter Sales of Rs 392.10 Crore Company has reported net profit after tax of Rs 80.35 Crore
in latest quarter
Mr.Shreekant M Bhandiwad, Mr.T V Rao, Mrs.Bharati Rao
Company has Varma Varma as its auditoRs As on 31-12-2018, the company has a total of 133,154,125 shares outstanding.