Time period given by analyst is Intra Day when Housing Development Finance Corporation Ltd. price can reach defined target.
Housing Development Finance Corporation Ltd., incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 437404.63 Crore) operating in NBFC sector.
Housing Development Finance Corporation Ltd. key Products/Revenue Segments include Interest, Income From Sale Of Share & Securities, Other Services, Dividend, Fees & Commission Income and Rental Income for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 31307.69 Crore, down -18.90 % from last quarter Total Income of Rs 38603.51 Crore and down -20.27 % from last year same quarter Total Income of Rs 39267.59 Crore. Company has reported net profit after tax of Rs 3708.15 Crore in latest quarter.
Investment Rationale
Consolidation breakout with increased volumes and negated its downtrend on weekly frame
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 31-Dec-2021, while FIIs owned 72.14 per cent, DIIs 16.59 per cent.
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