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Housing Development Finance Corporation Ltd rises for third consecutive session

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Capital Market

The stock is quoting at Rs 1765.45, up 1.88% on the day as on 12:49 IST on the NSE. Housing Development Finance Corporation Ltd is up 0.32% in last one year as compared to a 3.31% spurt in NIFTY and a 5.1% spurt in the Nifty Financial Services index.

Housing Development Finance Corporation Ltd gained for a third straight session today. The stock is quoting at Rs 1765.45, up 1.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 10573.6. The Sensex is at 35093.78, up 0.66%. Housing Development Finance Corporation Ltd has slipped around 6.04% in last one month.

 

Meanwhile, Nifty Financial Services index of which Housing Development Finance Corporation Ltd is a constituent, has slipped around 5.1% in last one month and is currently quoting at 10545.05, up 1% on the day. The volume in the stock stood at 22.42 lakh shares today, compared to the daily average of 43.65 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1768.9, up 1.98% on the day. Housing Development Finance Corporation Ltd is up 0.32% in last one year as compared to a 3.31% spurt in NIFTY and a 5.1% spurt in the Nifty Financial Services index.

The PE of the stock is 30.85 based on TTM earnings ending June 18.

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First Published: Oct 16 2018 | 1:05 PM IST

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