Mortgage guarantee is a financial product which compensates lending institutions for losses that may arise if a home owner defaults on a mortgage loan.
ICICI Direct recommended hold rating on HDFC with a target price of Rs 2195 in its research report dated May 14, 2019.
Prabhudas Lilladher is bullish on HDFC has recommended buy rating on the stock with a target price of Rs 2274 in its research report dated May 13, 2019.
Motilal Oswal is bullish on HDFC has recommended buy rating on the stock with a target price of Rs 2330 in its research report dated May 13, 2019.
Based on the broader formation of the market, it would now be a very tough task for Nifty to cross 11,760, before the outcome of election results
Motilal Oswal expects HDFC to report net profit at Rs 2,374 crore down 10.8 percent year-on-year while net sales are expected to decrease by 9.7 percent Y-o-Y to Rs 2,900.3 crore.
The e-auction of the office, with a reserve price of Rs 245 crore, is scheduled for May 15, according to the public notice.
Net Sales are expected to decrease by 9.7 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs. 2,900.3 crore, according to Motilal Oswal.
11,550 is the immediate support but a break below it will take the index to 11,300 to 11,200.
Total eight fund houses — ICICI Prudential, Reliance, HDFC, Adity Birla Sun Life, DSP,UTI, Kotak, DHFL Pramerica — have exposure to distressed companies from Essel Group and IL&FS.
The breadth of the market favoured the declines as 724 stocks advanced and 996 declined while 364 remained unchanged. On the BSE, 1,042 stocks advanced, 1,358 declined and 168 remained unchanged.
Net Interest Income (NII) is expected to decrease by 6 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 2,880.9 crore, according to Kotak.
Godrej Properties, Housing Development Finance Corporation (HDFC), Kajaria Ceramics, Seamec and SRF hit 52-week high on NSE.
The breadth of the market favoured the declines as 575 stocks advanced and 1,134 declined while 373 remained unchanged. On the BSE, 946 stocks advanced, 1,503 declined and 165 remained unchanged.
REIT is an investment tool that owns and operates rent-yielding realty assets. It allows individual investors to make investment in this platform and earn income.
The HDFC Bank MD also backed the Narendra Modi government's endeavour to promote digitisation in the banking system asserting that it is one of the best things to have happened in India.
He also added that the banking system will have to grapple with the fact that their deposit growth has been lagging loan growth, which is a big worry.
Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over in January by Kolkata-based Bandhan Bank in a share-swap deal.
"The structural demand for housing sector remains strong," he said.
Gruh Finance, the affordable housing finance arm of HDFC, was taken over in January by Kolkata based Bandhan Bank in a share swap deal.
In case of Housing Development Finance Corporation (HDFC), CLSA said housing demand is largely stable despite recent events in financial markets and the stock is among its top picks in the financial sector.
On the derivative front, call writing was seen at 10,900 and 11,000 strike