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Last Updated : Jun 14, 2019 01:53 PM IST | Source: Moneycontrol.com

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 June 12, 2019.

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Sharekhan's research report on Housing Development Finance Corporation


Easing competitive intensity among HFCs to allow strong players like HDFC to cherry pick its way to market share gains. Company has a long history of strong and consistent performance (asset quality, margins, etc). Government to continue to focus on housing, near-term incentives/measures expected.


Outlook


We maintain our Buy rating on stock with a revised price target of Rs. 2,500.


For all recommendations report, click here


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First Published on Jun 14, 2019 01:53 pm
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