The Economic Times daily newspaper is available online now.

    Buy Dewan Housing Finance Corporation, target Rs 618: Chandan Taparia

    Synopsis

    Buy Dewan Housing Finance Corporation at a price target of Rs 618 and a stop loss at Rs 583 from entry point.

    Chandan Taparia of Motilal Oswal Securities has a buy call on Dewan Housing Finance Corporation with a target price of Rs 618.
    The current market price of Dewan Housing Finance Corporation is Rs 595.40.
    Time period given by the analyst is intraday when Dewan Housing Finance Corporation price can reach defined target.
    Chandan Taparia recommended to keep a stop loss at Rs 583.

    Dewan Housing Finance Corporation, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 18668.80 Crore) operating in Finance sector.
    Dewan Housing Finance Corporation key Products/Revenue Segments include Interest On Housing Loans which contributed Rs 7,922.47 Crore to Sales Value (89.50 per cent of Total Sales), Income From Sale Of Share & Securities which contributed Rs 447.81 Crore to Sales Value (5.05 per cent of Total Sales), Interest which contributed Rs 237.77 Crore to Sales Value (2.68 per cent of Total Sales), Other Services which contributed Rs 209.12 Crore to Sales Value (2.36 per cent of Total Sales), Dividend which contributed Rs 23.07 Crore to Sales Value (0.26 per cent of Total Sales) and Commission which contributed Rs 11.52 Crore to Sales Value (0.13 per cent of Total Sales)for the year ending 31-Mar-2017.
    The company’s top management includes Dr.Rajiv Kumar, Mr.Dheeraj Wadhawan, Mr.G P Kohli, Mr.Harshil Mehta, Mr.Kapil Wadhawan, Mr.Mannil Venugopalan, Mr.V K Chopra, Ms.Vijaya Sampath.
    Company has Chaturvedi & Shah as its auditors.
    As on 30-09-2017, the company has a total of 313,550,637 shares outstanding.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in