|
25 Jul 2016
|
Sammaan Capital
|
Motilal Oswal
|
124.30
|
866.00
|
742.15
(-83.25%)
|
Target met |
Buy
|
|
|
|
|
26 Apr 2016
|
Sammaan Capital
|
Motilal Oswal
|
124.30
|
868.00
|
663.65
(-81.27%)
|
Target met |
Buy
|
|
|
Indiabulls Housing Finance's (IHFL) PAT grew 23% YoY and 12% QoQ to INR6.75b (in line). AUM growth of 31.5% YoY, stable asset quality and spreads of 318bp M.Cap. (INR b) / (USD b) 293.7/4.3...
|
|
14 Sep 2015
|
Sammaan Capital
|
Joindre Capital Services
|
124.30
|
|
|
Pre-Bonus/
Split |
Buy
|
|
|
IHFL is the fourth largest housing finance company in India with AUM of INR450bn. It was established as a whollyowned subsidiary of Indiabulls Financial Services (IBFSL), a leading nonbanking financial firm providing home loans, commercial vehicle loans and business loans that was established in 2000. In early 2013, keeping with IHFL's longterm commitment to the housing finance business, the company was reversedmerged into its housing finance subsidiary IHFL. IHFL offers a broad suite of lending and other financial products to target client base of middle and uppermiddle income individuals and small...
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