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GIC Housing Finance is currently trading at Rs. 178.55, up by 0.85 points or 0.48% from its previous closing of Rs. 177.70 on the BSE. The scrip opened at Rs. 178.50 and has touched a high and low of Rs. 182.90 and Rs. 177.70 respectively. So far 19355 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 247.70 on 02-Jan-2023 and a 52 week low of Rs. 118.70 on 15-Jul-2022. Last one week high and low of the scrip sto...
GIC Housing Finance moves up on planning to raise funds through NCDs
Key News IDBI Bank's CEO says the lender can recover $2.4 billion in bad loans IDBI Bank Ltd.’s chief executive officer said the lender is likely to recoup 195 billion rupees ($2.4 billion) on soured debt in his pitch to potential buyers amid India’s planned auction of the firm. “We are sitting on about 780 billion rupees of fully provided for bad loans, including written-off loans, and around 25 per cent is likely to be recovered,” Rakesh Sharma said in an i...
Key News: IDBI Bank, NDTV case, IOC, GIC Housing Finance, Govt asks Byju, Debt ratio - ARETE Securities
The company reported standalone net profit of Rs 49.01 crore for the quarter ended March 31, 2022 as compared to Rs 79.70 crore in the same period last year, registering a year-on-year decline of 38.51 per cent. Net revenue of the company declined marginally by 3.69 per cent at Rs 285.21 crore in January-March quarter of this fiscal as against Rs 296.13 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 8062.60 per cent to Rs 200.80 cror...
GIC Housing Finance Q4 net profit down 38.51% at Rs 49.01 cr
GIC Housing Finance is currently trading at Rs. 116.10, up by 0.65 points or 0.56% from its previous closing of Rs. 115.45 on the BSE. The scrip opened at Rs. 115.25 and has touched a high and low of Rs. 117.00 and Rs. 115.05 respectively. So far 3271 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 148.80 on 18-Feb-2021 and a 52 week low of Rs. 57.30 on 07-Apr-2020. Last one week high and low of the scrip stood...
GIC Housing Finance gains on raising Rs 195 crore via issuance of NCDs
Technical Observations * EMA. The stock has logged a resolute breakout from this higher base formation on the back of rising volumes, indicating resumption of primary up trend. Thereby offering fresh entry opportunity with favourable risk reward+ * The stock has remained laggard in recent times within financial space. We expect the stock to witness catch up activity in coming weeks * The stock has immediate support at | 124 levels as it is 61.8% retracement of the current up move (| ...
Stock Picks - GIC Housing Finance For Target Of Rs. 145 - ICICI Direct
Technical Observations * The stock has undergone healthy consolidation over past seven weeks (131-113) above its 200 day EMA. The stock has logged a resolute breakout from this higher base formation on the back of rising volumes, indicating resumption of primary up trend. Thereby offering fresh entry opportunity with favourable risk reward * The stock has remained laggard in recent times within financial space. We expect the stock to witness catch up activity in coming weeks * The st...
Stock Picks - GIC Housing Finance For Target Of Rs. 145 - ICICI Direct
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