Can Fin Homes

Can Fin Homes zooms 8% after stellar Q2FY25 results, Jefferies says 'Buy'

Shares of Can Fin Homes, the housing finance subsidiary of Canara Bank soared 7.8 per cent at Rs 898 per share on the BSE in Wednesday's intraday deals

Can Fin Homes Ltd to take Rs 38.5 crore hit in Q2 due to fund fraud

This marks the second time the company has fallen victim to fraud in recent quarters

Can Fin Homes sinks 8% after firm reports Rs 38 cr fraud at Ambala Branch

The company has undertaken legal action and expects one time impact on earnings, while, there will be no impact on assets quality.

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Stocks to watch today: In a relief to multiplexes, the Supreme Court on Tuesday said that theatre owners had the right to prohibit outside food and beverages on their premises

Can Fin Homes revamping top management; new CEO before end of Dec

Mortgage lender may raise equity capital before closing Q4 of FY23

Can Fin Homes to consider raising up to Rs 4,000-cr debt capital

Canara Bank promoted housing loan provider Can Fin Homes is planning to raise debt capital of up to Rs 4,000 crore and will seek board of directors' approval on this proposal later this month. The board of directors of the company is scheduled to meet on October 17, 2022 to approve financial results for the company's second quarter and first half ended September 2022-23. "At the said meeting the proposal is being placed to the board seeking approval and authorisations for issuance of non-convertible redeemable debentures up to an amount of Rs 4,000 crore, on private placement basis," Can Fin Homes said in a regulatory filing on Thursday. The company said it will raise the funds in one or more tranches for a period up to the date of the annual general meeting of the current fiscal year. The home loan company said the shareholders approved the debt raise plan at the annual general meeting held on September 7, 2022. Canara Bank has shareholding of 29.99 per cent in Can Fin Homes. Sh

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Stocks to Watch Today: In the F&O space, Ambuja Cements, Can Fin Homes, Delta Corp, Escorts, PVR and RBL Bank are in F&O ban period on Thursday.

Can Fin Homes to let Kousgi go Oct 20, may ask headhunter to find successor

Stock under pressure for third day on the trot, sheds 2.34% to close at Rs 552.15 a share on BSE on Wednesday

Can Fin Homes stock under pressure second day in row, sheds 4% on BSE

No word yet on successor to MD & CEO Girish Kousgi, who resigned on Monday

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Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on domestically produced crude oil.

Can Fin Homes MD & CEO Girish Kousgi resigns citing personal reasons

Will continue to hold the position till the date of his relieving

Can Fin Homes surges 9% as net profit soars 49% YoY in June quarter

Pre-provision operating profit (PPOP) was up 10 per cent QoQ and 40 per cent YoY to Rs 215 crore

Canara Bank probes fraud in unit after whistleblower complaint: Report

The whistleblower letter, sent at the end of December and also addressed to Reserve Bank of India and the National Housing Bank, said there were irregularities at one of the branches

Exide, India Cement: 5 mid, smallcaps that look attractive post Budget 2022

Stocks like Godrej Property can surge 15 per cent, where as Navin Fluoro can easily jump another 10 per cent provided it consecutively closes above Rs 4250

'Buy' Star Cement, La Opala, 'sell' Colgate Palmolive: Centrum Broking

Brokerage firm Centrum Broking has given a 'buy' call to potential investors for shares of Star Cement, La Opala RG, and Can Fin Homes

Housing financiers on a roll; Can Fin hits record high, Repco Home gains 8%

CARE Ratings expects collections and asset quality for HFCs to improve in the second half as the economy improves

New F&O entrants in focus; IndiaMart, IEX, Can Fin surge up to 9%

HAL hit a record high of Rs 1,457, up 5.5% on the NSE in intra-day trade today, rising 37% in eight trading days

HDFC, LIC Hsg: Stick to sound HFCs as SBI cuts home loan rate, say analysts

Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts

Repco Home, PNB Housing Finance soar up to 18%, hit 52-week highs

The RBI, on Wednesday, came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for HFCs

Two trading ideas by Vaishali Parekh of Prabhudas Lilladher

Technical charts indicate a trend reversal in Can Fin Homes and Schneider Electric stocks with potential to rise further in the coming days