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Last Updated : Jun 25, 2020 02:55 PM IST | Source: Moneycontrol.com

Buy Can Fin Homes; target of Rs 430: Geojit

Geojit recommended is bullish on Can Fin Homes recommended buy rating on the stock with a target price of Rs 430 in its research report dated Jun 23, 2020.

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Geojit's research report on Can Fin Homes


Can Fin Homes Ltd is the housing finance arm of Canara bank. The company has dominance in south India with focus on Tier 1 and Tier 2 cities. It provides housing loans, composite loans, non-housing loans, mortgage loans, site loans, loans for commercial properties, as well as fixed and cumulative deposits.



Outlook


We value the stock at 2.1x on FY22E Adj BVPS of Rs.205.2 with a target price of Rs.430 and recommend Buy rating.





For all recommendations report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Published on Jun 25, 2020 02:55 pm
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