Dewan Housing Finance Corporation Stock Increased By 4.9 Percent

Dewan Housing Finance Corporation Stock Increased By 4.9 PercentDHFL stock increased by 4.9 percent on Monday to its 52week higher of Rs 326. The firm have obtained investors’ confidence after its strong performance in the Sept 2010 quarter.

Dewan Housing Finance Corporation mainly targets financing the housing requirements of the middle and lower-revenue segments. While in the Sept quarter, its net gain increased around 1.5 times from the last year. The rise is partly due to a one-time gain of Rs 29 cr on the selling of investments. However more good is the fact that the net gain increase was a robust 71percent even after not including the effect of the extraordinary item.

The development was backed by 71percent development in disbursements on a yr-on-yr basis. Even though the firm has revealed similar development in the earlier quarters also, these times the development on a sequential basis has been considerable. Disbursements increased by 31per cent quarter-on-quaer in the Sept coint.

This site give bse nse indian share tips for stock trading groups

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Auction Market

Auction Market An auction  market is a good example of buying and selling of financial instruments (stocks) which happens on the floor of the exchange, such as ...…

SEBI’s Role in an IPO Issue

SEBI’s Role in an IPO Issue Any firm doing a public issue or a listed firm building a rights issue of value of greater than Rs 50 lakh is needed to ...…

Market Capitalization

Market Capitalization The company market value is determined by multiplying its present stock value (market price) by the number of stocks in issue is known as market ...…

What Is a Discount Price?

What Is a Discount Price? Securities are usually released in denominations of Rs 15, 30 or 200. This is called as a Face Value and when it is sold below ...…

Available Information Sources For Investment

Available Information Sources For Investment Internet Newspapers Advisory (expert analyst) Services Government publications Business Periodicals The Internet provides a lot of information about shares and other investment alternatives.  Available information can range from simple ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics