Vijay Chopra of enochventures.com told CNBC-TV18, "I have been recommending since Dewan Housing Finance Corporation (DHFL) touched about Rs 150. I am firm believer in the domestic housing sector and it is going to revive sooner or later. These companies are going to benefit from it. Good monsoon also bring a lot of cheer and there is a lot of home buying which happens during the festive season in India."He further added, "People do a lot of booking during Navratri and Diwali season. So these companies should do well. Can Fin Homes, DHFL, LIC Housing Finance, Capital First. These are good names in the market, they have a very widespread network across the country and even they have reached to tier II-III towns. Therefore, housing finance companies should do well with a medium to long-term perspective.""I think the stock can go to Rs 220 odd and one can exit there, but for long-term investors, housing finance companies are here to stay and this is a good story to be invested in," he said.
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