179.0600 4.52 (2.59%)
NSE Apr 17, 2025 15:31 PM
Volume: 363.9K
 

179.06
2.59%
CD Equisearch
To keep pace with the competition around, GICHFL managed to start off well in the year with a loan book growth of 19.2% achieved in Q1FY17 yo-y. The book size of ~Rs 8210 crs ($1234.0m) is strengthened by the high yielding LAP (loan against property) portfolio which brings additional 200-250 bps yield than the home loans. Despite continuous foreclosures, the company is able to sustain the growth in the portfolio. The disbursement in the last quarter leaped 15.3% to Rs 626 crs ($94.1m) as against Rs 543 crs ($81.6m) in Q1FY16, and...
GIC Housing Finance Ltd. is trading above its 50 day SMA of 171.9
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