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Housing Development Finance Corporation Ltd spurts 5.49%

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Capital Market
Last Updated : Apr 29 2020 | 1:34 PM IST

Housing Development Finance Corporation Ltd is quoting at Rs 1810, up 5.49% on the day as on 12:54 IST on the NSE. The stock is down 9.28% in last one year as compared to a 19.11% drop in NIFTY and a 18.98% drop in the Nifty Financial Services index.

Housing Development Finance Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 1810, up 5.49% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 9502.75. The Sensex is at 32548.53, up 1.35%. Housing Development Finance Corporation Ltd has risen around 16.12% in last one month.

Meanwhile, Nifty Financial Services index of which Housing Development Finance Corporation Ltd is a constituent, has risen around 12.65% in last one month and is currently quoting at 9951.2, up 2.23% on the day. The volume in the stock stood at 72.49 lakh shares today, compared to the daily average of 79.33 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1808, up 5.56% on the day. Housing Development Finance Corporation Ltd is down 9.28% in last one year as compared to a 19.11% drop in NIFTY and a 18.98% drop in the Nifty Financial Services index.

The PE of the stock is 16.15 based on TTM earnings ending December 19.

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First Published: Apr 29 2020 | 1:05 PM IST

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