Time period given by analyst is intraday 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 496546.03 Crore) operating in NBFC sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 30997.13 Crore, down -13.30 % from last quarter Total Income of Rs 35753.86 Crore and up 3.46 % from last year same quarter Total Income of Rs 29959.34 Crore. Company reported net profit after tax of Rs 3426.31 Crore in latest quarter.
Investment Rationale
Price rebound after taking support at 61.8 percent retracement of recent up move & 20 day EMA
Promoter/FII Holdings
Promoters held 21.1 per cent stake in the company as of June 30, 2021, while FIIs held 50.7 per cent, DIIs 17.6 per cent and public and others 10.7 per cent.
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