The period given by the analyst is Intra Day when the price of Housing Development Finance Corporation Ltd. can achieve the defined goal.
Housing Development Finance Corporation Ltd., incorporated in 1977, is a large cap company (with market capitalization of Rs 501 172.48 Crore) operating in the NBFC sector.
The main products / revenue segments of Housing Development Finance Corporation Ltd. include interest, income from the sale of stocks and securities, other services, dividends, fees and commission income and rental income for the year ending March 31, 2021.
Finance
For the quarter ended 30-09-2021, the company reported consolidated total income of Rs 38,603.51 crore, up 24.54% from last quarter in total income of Rs 30,997.13 crore and up 13 , 24% compared to last year in the same quarter. Total income of Rs 34,090.45 crore. The company reported after-tax net profit of Rs 3,493.83 Crore in the last quarter.
Justification of the investment
Breakdown of price volume on the daily frame, trading near all-time highs and three-week lows
Promoter / FII Holdings
Promoters held 0 percent of the company’s capital as of September 30, 2021, while FIIs held 71.95 percent and DII 16.85 percent.
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