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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