Time period given by analyst is Intra Day when Indiabulls Housing Finance Ltd. price can reach defined target.
Indiabulls Housing Finance Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11856.65 Crore) operating in NBFC sector.
Indiabulls Housing Finance Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Fees & Commission Income and Dividend for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 2233.08 Crore, down -3.98 % from last quarter Total Income of Rs 2325.75 Crore and down -13.48 % from last year same quarter Total Income of Rs 2581.00 Crore. Company reported net profit after tax of Rs 286.34 Crore in latest quarter.
Investment Rationale
Breakout from the resistance zone, suggesting a fresh up move from current levels.
Promoter/FII Holdings
Promoters held 21.69 per cent stake in the company as of 30-Sep-2021, while FIIs owned 37.07 per cent, DIIs 2.45 per cent.
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