Buy Indiabulls Housing Finance, target Rs 1,435: Manas Jaiswal

Manas Jaiswal of has a buy call on Indiabulls Housing Finance with a target price of Rs 1,435.  The current market price of Indiabulls Housing Finance is Rs 1,393.90.  Time period given by the analyst is 'Intra Day' when Indiabulls Housing Finance price can reach defined target.  Manas Jaiswal recommended to keep stoploss at Rs 1,374.  Indiabulls Housing Finance, […]

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Budget 2018: Promises which are still work in progress

Union Budget 2018: The Modi government’s Budget 2018 India will be very crucial. Finance Minister Arun Jaitley will present the Budget 2018 on February 1. The fifth and final Union Budget before the Lok Sabha 2019 will seek to address an of array of issues. However, Prime Minister Narendra Modi had hinted that the Union Budget won’t be a populist one. Expectations of the […]

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Indiabulls Housing Finance gets buy rating from Edelweiss

Indiabulls Housing Finance (IHFL) clocked strong operating performance in Q3FY18, with core PAT (ex- gains from OakNorth Bank sale) jumping >23% y-o-y. Key highlights: (i) growth momentum sustained (AUM up >30% y-o-y) with tilt in favour of core home book (59% versus 54% a year ago); and (ii) book spreads sustained at 3.22% benefitting from rating upgrade by CRISIL though […]

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