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Housing Development Finance Corporation Ltd in demand

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Capital Market
Last Updated : May 02 2019 | 1:16 PM IST

Housing Development Finance Corporation Ltd is quoting at Rs 2018.9, up 1.2% on the day as on 12:54 IST on the NSE. The stock is up 5% in last one year as compared to a 10.03% jump in NIFTY and a 17.4% jump in the Nifty Financial Services index.

Housing Development Finance Corporation Ltd gained for a third straight session today. The stock is quoting at Rs 2018.9, up 1.2% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 11751.35. The Sensex is at 39100.83, up 0.18%. Housing Development Finance Corporation Ltd has gained around 0.29% in last one month.

Meanwhile, Nifty Financial Services index of which Housing Development Finance Corporation Ltd is a constituent, has gained around 0.85% in last one month and is currently quoting at 12555.45, up 0.46% on the day. The volume in the stock stood at 12.35 lakh shares today, compared to the daily average of 28.39 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 2018.35, up 0.63% on the day. Housing Development Finance Corporation Ltd is up 5% in last one year as compared to a 10.03% jump in NIFTY and a 17.4% jump in the Nifty Financial Services index.

The PE of the stock is 35.73 based on TTM earnings ending December 18.

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First Published: May 02 2019 | 1:05 PM IST

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