INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a sell call on Indiabulls Housing Finance Ltd
with a target price of Rs 766
The current market price of Indiabulls Housing Finance Ltd
is Rs 778.15 Time period given by the analyst is Intra Day when Indiabulls Housing Finance Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 790
Indiabulls Housing Finance Ltd., incorporated in 2005, is a largecap company with a market cap of Rs 33255.40 crore.
Indiabulls Housing
key Products/Revenue Segments include Interest which contributed Rs 11813.14 Crore to Sales Value (96.71 % of Total Sales), Loan Processing
Charges which contributed Rs 214.35 Crore to Sales Value (1.75 % of Total Sales), Fees Other Charges which contributed Rs 77.06 Crore to
Sales Value (0.63 % of Total Sales), Other Operating Revenue which contributed Rs 75.11 Crore to Sales Value (0.61 % of Total Sales) and
Commission which contributed Rs 35.11 Crore to Sales Value (0.28 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 3980.39 Crore, up 2.32 % from last quarter Sales of
Rs 3890.27 Crore and up 29.78 % from last year same quarter Sales of Rs 3067.04 Crore Company has reported net profit after tax of Rs
1034.92 Crore in latest quarter
The company’s top management includes Brig.(Retd)Labh Singh Sitara, Dr.Kamalesh Shailesh Chandra Chakrabarty, Justice(Retd)Bisheshwar
Prasad Singh, Justice(Retd)Gyan Sudha Misra, Mr.Ajit Kumar Mittal, Mr.Ashwini Omprakash Kumar, Mr.Gagan Banga, Mr.Prem Prakash Mirdha,
Mr.Sachin Chaudhary, Mr.Sameer Gehlaut, Mr.Shamsher Singh Ahlawat, Mr.Subhash Sheoratan Mundra, Mrs.Manjari Ashok Kacker
Company has S R Batliboi Co
LLP as its auditoRs As on 31-12-2018, the company has a total of 427,364,879 shares outstanding.
