INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a sell call on Indiabulls Housing Finance Ltd
with a target price of Rs 1180
The current market price of Indiabulls Housing Finance Ltd
Time period given by the analyst is Intra Day when Indiabulls Housing Finance Ltd
price can reach the defined target
Kunal Bothra recommended to keep stop loss at Rs 1235
Indiabulls Housing Finance Ltd., incorporated in 2005, is a large-cap company with a market cap of Rs 51914.21 crore operating in Finance
Indiabulls Housing Finance Ltd
key Products/Revenue Segments include Interest which contributed Rs 9708.29 Crore to Sales Value (96.77 % of Total Sales), Loan Processing
Charges which contributed Rs 238.43 Crore to Sales Value (2.37 % of Total Sales), Fees Other Charges which contributed Rs 33.40 Crore to
Sales Value (0.33 % of Total Sales), Other Operating Revenue which contributed Rs 26.30 Crore to Sales Value (0.26 % of Total Sales) and
Commission which contributed Rs 25.29 Crore to Sales Value (0.25 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 3689.72 Crore, up 10.17 % from last quarter Sales of
Rs 3349.17 Crore and up 25.87 % from last year same quarter Sales of Rs 2931.40 Crore Company has reported net profit after tax of Rs
1024.47 Crore in latest quarter
Prasad Singh, Justice(Retd)Gyan Sudha Misra, Mr.Ajit Kumar Mittal, Mr.Ashwini Omprakash Kumar, Mr.Gagan Banga, Mr.Prem Prakash Mirdha,
Mr.Sameer Gehlaut, Mr.Shamsher Singh Ahlawat, Mrs.Manjari Ashok Kacker
Company has Deloitte Haskins Sells LLP as its auditoRs As on 31-03-2018, the company has a total of 426,535,786 shares outstanding
