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!

Stock Market Basics For Beginners

Definition for Bond

Definition for Bond A bond is a debt security issued for a period of more than one year with the purpose of raising capital by borrowing. The bonds ...…

Difference In Between Public Issue And Private Placement

Difference In Between Public Issue And Private Placement When an issue isn't made to just a select group of people however is available to the general public as well as any other investor ...…

Definitions For Interest

Definitions For Interest When you take a loan, you are expected to pay for utilizing it - that is called as a Interest. Interest is actually money charged ...…

Meaning For Book Building Process

Meaning For Book Building Process Book Building is fundamentally a procedure utilized in IPOs for effective price discovery. It's a method where, during the time period for which the initial ...…

Dematerialization Definition

Dematerialization Definition Dematerialization (Meaning) is the procedure through which physical certificates of the trader are usually transformed into an equal quantity of securities in electronic form as ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV