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Buy Housing Development Finance Corporation; target of Rs 2500: Sharekhan

Sharekhan is bullish on Housing Development Finance Corporation has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated August 26, 2019.

August 27, 2019 / 12:25 PM IST
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Sharekhan's research report on Housing Development Finance Corporation

We believe HDFC will benefit from the slew of measures taken by the government and the regulator, presenting it with an opportunity to optimize its cost of funds. Expect its market leadership to sustain, helped by pricing advantage and as HDFC capitalizes on the reduced competitive pressure. We believe the outlook for HDFC has improved, which provides growth momentum with the potential of margin expansion.


We maintain Buy with an unchanged PT of Rs. 2,500.

For all recommendations report, click here

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

first published: Aug 27, 2019 12:25 pm

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