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 investorsā€™ 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

American Depositary Receipt

American Depositary Receipt American Depositary Receipt (ADR) is known as a negotiable certificateĀ  issued by an american bank stating that a number of stocks in the overseas firm ...…

Bad Delivery

Bad Delivery Designation implying that a security doesn't fulfill all of the needs or have all the required endorsements to permit the certificate to be transferred to ...…

Who’re the players in the Securities Market?

Who’re the players in the Securities Market? The securities market basically has 3 categories of-participants, such as, the companies of securities, traders in securities and also the intermediaries, like merchant bankers, brokers ...…

What is Support And Resistance?

What is Support And Resistance? One of several interesting phenomena of share markets that are usually catchy is a activity of share prices at the blink of eyes. At one ...…

What Is The Floor Price?

What Is The Floor Price? Floor price is the minimum price where bids can be made. Book Building is fundamentally a procedure utilized in IPOs for effective price finding. The ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics