Costs up, but not to worry. For HDFC is Mr Reliable

Housing Development Finance Corporation (HDFC) never surprises. Even if it does, the surprise is limited to a narrow band of possibilities. And this narrow band is roughly defined as 20-24 percent growth in net profits every quarter.

October 17, 2011 / 23:11 IST

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Housing Development Finance Corporation (HDFC) never surprises. Even if it does, the surprise is limited to a narrow band of possibilities. And this narrow band is roughly defined as 20-24% growth in net profits every quarter (See Table).

Over the last five years, the company

first published: Oct 17, 2011 04:13 pm

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