Debt mutual funds were allowed to have an exposure of only up to 10 percent to housing finance companies. This has been increased to 15 percent with the immediate effect subject to certain conditions.
According to Satish Gupta of astrostocktips, DHFL, Indiabulls Housing, HDFC, Repco Home & LIC Housing to get astrological support.
"A meeting of the Board of Directors of the company will be held on February 13, 2017, inter alia, to consider the proposal to raise USD 40 million by issue of secured, redeemable, non-convertible, non-cumulative, taxable debentures (SRNCD) to International Finance Corporation," the company said in a regulatory filing.
The house is upbeat on consumption theme and likes ITC, Emami and Sheela Foam, said Jaideep Goswami, Head-Institutional Equities, ICICI Securities.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Zinc, Repco Home Finance, Manappuram Finance, Tata Communications and Adani Enterprises.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Kunj Bansal of Centrum Wealth Management is of the view that Repco Home Finance provides a good investment opportunity.
HPCL | Fortis Healthcare | Gruh Finance | Dewan Housing | MCX | Coal India | Sical Logistics | Precision Camshafts | Network 18 | TV18 Broadcast | United Bank of India | Varun Beverages and DCB Bank are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com recommends buying IL&FS Transportation, Repco Home Finance, Deepak Fertilisers, Dalmia Bharat and Yes Bank.
Avinash Gorakshakar, Market Expert is of the view that one may pick Rashtriya Chemicals, Chambal Fertilisers and Dewan Housing.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Just Dial, Tata Motors, Repco Home Finance, and Sun Pharmaceutical.
Repco's average cost of funds currently stants at 9.2 percent, says Varadarajan. He adds that its loan book is also increasing in size, with over 70 percent of its book falling under the affordable housing category.
Ambareesh Baliga, Independent Market Expert is of the view that one can look at DHFL, GRUH Finance and Repco Home Finance.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Harendra Kumar of Elara Capital shared his reading and outlook on the market and also gave recommendations on various stocks.
Rajat Bose of rajatkbose.com is of the view that one may get out of Repco Home Finance.
Avinash Gorakssakar, Market Expert is of the view that Repco Home Finance looks strong in long term and could definitely give a better risk reward ratio if investors can even hold for the next 12-15 months.
Centrum is bullish on Repco Home Finance has recommended buy rating on the stock with a target price of Rs 673 in its research report dated November 29, 2016.
The loan to value ratio for loan against property (LAP) was at 60 percent for Repco, so they were adequately covered with 40 percent margin on value of the property, said V Raghu, ED, Repco Home Finance.
Axis Direct recommended hold rating on Repco Home Finance with a target price of Rs 750 in its research report dated November 09, 2016.
Lupin | L&T | InterGlobe Aviation | HEG | Apar Industries | UFO Moviez | Centrum Capital | PTC India Financial | MRPL | VA Tech Wabag | Tata Communications | Jyoti Structures | Dilip Buildcon | Biocon | Power Mech Projects | GeeCee Ventures and Atlanta are stocks, which are in the news today.
In an interview to CNBC-TV18, Digant Haria, AVP Research, Antique Stock Broking spoke about upcoming initial public offering (IPO) of PNB Housing Finance.
According to Satish Gupta of Astrostocktips, housing finance stocks like DHFL, Indiabulls Housing Finance, GIC Housing and Repco Home will get astro support.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Tata Steel, Repco Home Finance, IRB Infra, Bharti Airtel, Reliance Communication, Sunil Hitech, Shiva Cement, and OCL India.
Here are a few top stocks picked by CNBC-TV18's analysts in trade today. Stocks expected to gain are Balrampur Chini , Bombay Dyeing, JSW Steel, Tata Steel, Tata Motors, GNA Axles, Sun TV and Sanghvi Movers while stocks expected to be under pressure are IRB Infra, Repco Home Finance and Cipla.
"A meeting of the Securities Allotment Committee of the Board of Directors will be held on October 5, 2016 to consider and approve the private placement of rated, listed, secured, redeemable non-convertible securities in the nature of debentures," it said in a regulatory filing.