INSUBCONTINENT EXCLUSIVE:
YES Securities has a buy call on Dewan Housing Finance Corporation (DHFL) with a target price of Rs 708.
The current market price of Dewan
Housing Finance Corporation is Rs 665.70.
Time period given by the brokerage is two weeks when DHFL price can reach the defined target
YES Securities recommended keeping a stop loss at Rs 650.
"The stock is on the verge of a breakout from an Ascending Triangle pattern
suggesting bullishness dominant at the moment
Therefore, a BUY recommendation," YES Securities said in a report
DHFL, incorporated in the year 1984, is a largecap company (having a market cap of Rs 20,880.27 Crore) operating in Finance sector
