INSUBCONTINENT EXCLUSIVE:
Shubham Aggarwal of Quantsapp Advisory has buy call on Housing Development Finance Corporation Ltd
with a target price of Rs 2215.0
The current market price of Housing Development Finance Corporation Ltd
is Rs 2154.7 Time period given by analyst is Intra Day when Housing Development Finance Corporation Ltd
price can reach defined target
Shubham Aggarwal recommended to keep stoploss at Rs 2090
Housing Development Finance Corporation Ltd., incorporated in 1977, has a market cap of Rs 368494.00 crore.
Housing Development Finance
key Products/Revenue Segments include Interest which contributed Rs 39240.24 Crore to Sales Value (90.52 % of Total Sales), Income From Sale
Of Share - Securities which contributed Rs 2690.95 Crore to Sales Value (6.20 % of Total Sales), Dividend which contributed Rs 1130.64 Crore
to Sales Value (2.60 % of Total Sales), Fees - Other Charges which contributed Rs 221.14 Crore to Sales Value (0.51 % of Total Sales) and
Rental Income which contributed Rs 65.07 Crore to Sales Value (0.15 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 23124.73 Crore, down -19.29 % from last quarter Sales
of Rs 28652.48 Crore and up 17.65 % from last year same quarter Sales of Rs 19654.87 Crore Company has reported net profit after tax of Rs
2264.07 Crore in latest quarter
Mr.U K Sinha, Mr.V Srinivasa Rangan, Mrs.Ireena Vittal, Ms.Renu Sud Karnad
LLP as its auditoRs As on 30-06-2019, the company has a total of 1,725,306,237 shares outstanding.