INSUBCONTINENT EXCLUSIVE:
Dharmesh Shah of ICICI Direct has a buy call on Housing Development Finance Corporation Ltd
with a target price of Rs 2455.0
The current price of Housing Development Finance Corporation Ltd
Dharmesh Shah recommended to keep a stoploss at Rs 2315
Housing Development Finance Corporation Ltd., incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 410004.51
Crore) operating in NBFC sector
Housing Development Finance Corporation Ltd
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 30-09-2019, the company has reported a Consolidated sales of Rs 32796.50 Crore, up 41.82 % from last quarter Sales of
Rs 23124.73 Crore and up 43.16 % from last year same quarter Sales of Rs 22908.31 Crore Company has reported net profit after tax of Rs
9547.69 Crore in latest quarter
Munjee, Mr.U K Sinha, Mr.V Srinivasa Rangan, Mrs.Ireena Vittal, Ms.Renu Sud Karnad
LLP as its auditoRs As on 30-09-2019, the company has a total of 1,726,695,111 shares outstanding.