|
29 Jul 2022
|
Housing Development
|
Prabhudas Lilladhar
|
2724.30
|
2900.00
|
2383.75
(14.29%)
|
Target met |
Buy
|
|
|
|
|
23 Jun 2022
|
Housing Development
|
Sharekhan
|
2724.30
|
3025.00
|
2177.15
(25.13%)
|
|
Buy
|
|
|
|
|
04 May 2022
|
Housing Development
|
IDBI Capital
|
2724.30
|
3140.00
|
2201.30
(23.76%)
|
|
Buy
|
|
|
|
|
04 May 2022
|
Housing Development
|
ICICI Direct
|
2724.30
|
2840.00
|
2206.95
(23.44%)
|
|
Buy
|
|
|
|
|
03 May 2022
|
Housing Development
|
Prabhudas Lilladhar
|
2724.30
|
2900.00
|
2206.95
(23.44%)
|
|
Buy
|
|
|
|
|
13 Apr 2022
|
Housing Development
|
Geojit BNP Paribas
|
2724.30
|
2961.00
|
2140.20
(27.29%)
|
|
Buy
|
|
|
Merger to create 2nd largest bank in the country Housing Development Finance Corporation Limited provides housing finance to individuals and corporates in India. HDFC also provides...
|
|
08 Feb 2022
|
Housing Development
|
Geojit BNP Paribas
|
2724.30
|
2935.00
|
2426.35
(12.28%)
|
|
Buy
|
|
|
Strong demand for housing loans, good loan, pipeline for construction financing and LRDs, wide distribution network and new project launches augur well for the company's performance in future. Hence, we maintain our BUY rating on the stock with rolled forward target price of Rs. 2,935 using SOTP Valuation. Steady topline growth led by higher individual loan disbursements In Q3FY22, interest income grew 2.9% YoY to Rs. 11,157cr, driven by higher individual loan disbursements. Interest expenses remained flat YoY at Rs. 6,873cr. Spread on loans...
|
|
03 Feb 2022
|
Housing Development
|
ICICI Securities Limited
|
2724.30
|
3350.00
|
2527.80
(7.77%)
|
|
Buy
|
|
|
|
|
03 Feb 2022
|
Housing Development
|
SMC online
|
2724.30
|
|
2503.25
(8.83%)
|
|
|
|
|
margin was stable at 3.6% in Q3FY2022. The profit before tax increased 8% to Rs 4048 crore in Q3FY2022 compared to Rs 3753 crore in Q3FY2021. The cost to income ratio eased to 9.7% in Q3FY2022 from 11.4% in Q3FY2021, while rose marginally from 9.4% in Q2FY2022. The loan...
|
|
03 Dec 2021
|
Housing Development
|
Geojit BNP Paribas
|
2724.30
|
3355.00
|
2771.65
(-1.71%)
|
|
Buy
|
|
|
Strong revival in collections and disbursement seen in the first half of the year. The outlook over long-term remains positive on the back of well-diversified loan portfolio and adequate liquidity on hand. Hence we remain positive on the stock and reiterate our rating to BUY with revised target price of Rs. 3,355 using SOTP Valuation. Interest spreads remains stable Interest income marginally slipped 2.9% YoY to Rs. 10.683cr as returns on loans reduced to 8.1% (vs. 9.0% at the end of FY21) at the end of Q2FY22. Interest expense...
|