Independent analyst Kunal Bothra has a buy call on Housing Development Finance Corporation Ltd. with a target price of Rs 2050. The current market price of Housing Development Finance Corporation Ltd. is Rs 1993.3 Time period given by the analyst is Intra Day when Housing Development Finance Corporation Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 1970. Housing Development Finance Corporation Ltd., incorporated in 1977, is a Largecap company with a market cap of Rs 342742.21 crore.

Housing Development Finance Corporation Ltd. key Products/Revenue Segments include Interest which contributed Rs 33122.63 Crore to Sales Value (94.13 % of Total Sales), Dividend which contributed Rs 1079.28 Crore to Sales Value (3.06 % of Total Sales), Income From Sale Of Share & Securities which contributed Rs 803.15 Crore to Sales Value (2.28 % of Total Sales), Fees & Other Charges which contributed Rs 144.76 Crore to Sales Value (0.41 % of Total Sales) and Lease Rentals which contributed Rs 35.35 Crore to Sales Value (0.10 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 19837.09 Crore, up 25.11 % from last quarter Sales of Rs 15855.29 Crore and up 15.28 % from last year same quarter Sales of Rs 17207.86 Crore Company has reported net profit after tax of Rs 3370.11 Crore in latest quarter. The company’s top management includes Dr.Bhaskar Ghosh, Dr.J J Irani, Mr.Deepak S Parekh, Mr.Jalaj Ashwin Dani, Mr.Keki M Mistry, Mr.Nasser Munjee, Mr.Upendra Kumar Sinha, Mr.V Srinivasa Rangan, Ms.Renu Sud Karnad. Company has B S R & Co. LLP as its auditoRs As on 31-12-2018, the company has a total of 1,719,471,258 shares outstanding.

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