Housing Development Finance Corp. Ltd

Stock is on an up move from 2020 post the first Covid wave. Rising from 27 rupees to a high of 500 recently. Turning out to be a multibagger. however, we suggest you have a closer look at the bullishness on different time scales to pick your entry point.
We have been covering Housing Development Finance Corp. Ltd from the lows of 280.

Find our reports here to know more about the fundamentals of Housing Development Finance Corp. Ltd.
Click here to know the fair price and 5-year target for Housing Development Finance Corp. Ltd. Click here for more news on Housing Development Finance Corp. Ltd.

Housing Development Finance Corp. Ltd scores absolutely high for the Fundamental strength. The company has negligible debt and generates high cash flow. Having over 500 crores of excess cash in the books is another reason to pay attention to this fast-moving small-cap IT company.
Find our detailed report here.
We calculate the fair value for the stock at 1200 rupees, click on the report to get detailed insights.

Taking a closer look into Housing Development Finance Corp. Ltd.
It’s evident that the company is fairly undervalued for the growth rate it has been exhibiting and for virtually no debt in its name.

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