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
Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts
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
Technical charts indicate a trend reversal in Can Fin Homes and Schneider Electric stocks with potential to rise further in the coming days
Can Fin Homes' net profit grew 15 per cent to Rs 93.15 crore for the quarter under review, as against Rs 80.98 crore in the corresponding quarter previous fiscal
All that happened in the markets today
For the quarter ended March 2020, Can Fin Homes had reported a 37.5 per cent jump in net profit at Rs 90.91 crore
Net interest margin also improved from 3.29 per cent to 3.52 per cent during the quarter.
Repco Home Finance, GIC Housing Finance, PNB Housing Finance, and LIC Housing Finance rallied up to 13% in intra-day today in an otherwise weak market.
Bids have been invited through merchant bankers for sale of 3,99,30,365 equity shares of the face value of Rs 2 each, constituting 29.99 per cent, Canara Bank said on Friday.
The stock dipped 9% to Rs 441, extending its 7% fall in past two trading sessions on the BSE.
Can Fin Homes standalone net profit rises 36.20% in the September 2017 quarter
In past three months, the stock rallied 60% as compared to 7.5% rise in the S&P BSE Sensex.
On Tuesday, November 15, Catamaran Capital sold 153,041 shares at price of Rs 1,290.32 on the NSE via bulk deal.