Aug 20, 2021 10:00 AM IST
Repco is facing multiple issues, which include slower growth, stiff competition from banks and rise in bad loans and restructured assets
- Jun 17, 2021 11:35 AM IST
Despite the pressure on asset quality, there were some positive readings from the earnings
- Jun 08, 2021 08:15 PM IST
PNB Housing Finance stock has doubled in 6 days after the company’s board approved the preferential issue of equity shares and warrants to private equity firm the Carlyle group along with other investors. Moreover, the news of Aditya Puri, the former CEO of HDFC bank, set to join the lender’s board, is being lauded by the Street. The dazzling rise in stock price has pushed up the valuation to a level which is now pricing in many positives. Investors should be cautious as any potential upside in PNB housing looks limited following the fierce rally, and rather scout for other opportunities in the housing finance sector. Karunya Rao gets a lowdown of some of the low valued quality HFC stocks that could catch-up in terms of valuations.
- Jun 08, 2021 10:04 AM IST
We see PNB Housing’s rally as a key trigger for re-rating of the sector
- May 06, 2021 10:22 AM IST
Overall, they feel the steps taken by the central bank will be a relief to the financial system.
- Apr 08, 2021 01:52 PM IST
Investors can go with LICHF, given its rock bottom valuation and relative underperformance
- Feb 24, 2021 10:46 AM IST
Following a polarised price performance , valuations of HFCs show a stark picture of divergence
- Feb 18, 2021 09:06 AM IST
The central bank said these directions, which shall come into force with an immediate effect, are aimed at preventing the affairs of any HFCs from being conducted in a manner detrimental to the interest of investors and depositors.
- Sep 08, 2020 09:07 AM IST
Repco has gone through a rough period marked by a lack of growth in home market and the rising delinquencies in the non‐salaried segment
- Aug 17, 2020 08:12 PM IST
Keeping in view the progress under the Scheme and the fact that the stipulated limit for AA/AA- rated bonds/CPs (commercial papers) has been nearly reached, while the appetite for lower rated papers is nearing saturation considering their lower ticket size, the government has now decided to modify PCGS 2.0.
- Jun 23, 2020 12:28 PM IST
LICHF's stock price has corrected 50 percent from the all-time high of Rs 587 in July 2019.
- Jun 17, 2020 06:49 PM IST
Since most of the big HFCs are already well regulated by the central bank, the proposed categorisation will not make much of a difference.
- Jun 10, 2020 06:35 PM IST
With the pandemic induced moratorium now being extended till August 31, there could be some liquidity tightening if more borrowers were to opt for the moratorium now
- May 22, 2020 12:54 PM IST
Although the 40bps cut in policy rate cut will support margins, especially for better NBFCs, the extension of the moratorium will be bigger trouble for large ones.
- Dec 12, 2019 11:10 AM IST
The changes will allow state-run banks to purchase pooled assets from financially sound NBFCs and HFCs.
- Nov 07, 2019 02:33 PM IST
The AIF will not only prove to be a win-win for both real estate developers and home buyers but will also help troubled NBFCs and HFCs to an extent who have been disproportionately impacted by the ongoing liquidity tightness.
- Sep 30, 2019 07:19 PM IST
Affordable housing has been the lone bright spot in this doom and gloom and has contributed to both realty sales as well as to the AUM growth of banks and HFCs servicing this segment.
- Sep 27, 2019 09:56 AM IST
HDFC remains a key beneficiary of a liquidity shift towards strong and top quality names while most housing finance companies on the street stand crippled by the tightened liquidity
- Sep 23, 2019 02:04 PM IST
- Sep 12, 2019 04:56 PM IST
The move could enable such HFCs, which have lately been cash-strapped, to mobilise funds.
- Sep 11, 2019 12:19 PM IST
A market-based financial system is always welcome, but India would do well not to lose sight of the 2008 crisis
- Sep 05, 2019 05:46 PM IST
- Jul 05, 2019 07:33 PM IST
- Jun 25, 2019 01:22 PM IST
"I don't think it is a matter of concern for most of the housing finance players. Maybe one or two or three small players may find it a little difficult because they may need to raise capital," said Mistry.
- Jun 13, 2019 12:28 PM IST