Wednesday 20 January 2016

DHFL net profit jumps 16.3% to Rs.186 crore

Total Income has increased from Rs. 1,524 crore for the quarter ended December 31, 2014 to Rs. 1,885.3 crore for the quarter ended December 31, 2015.



Dewan Housing Finance Corporation, DHFL
Dewan Housing Finance Corporation Ltd has announced the following Unaudited Standalone results for the quarter ended December 31, 2015

The company reported a 16.3% increased in net profit at Rs. 186 crore for the quarter ended December 31, 2015 as compared to Rs. 160 crore for the quarter ended December 31, 2014. Total Income has increased from Rs. 1,524 crore for the quarter ended December 31, 2014 to Rs. 1,885.3 crore for the quarter ended December 31, 2015.

Stock Commentary:

Dewan Housing Finance Corporation Ltd is currently trading at Rs. 181.1, down by Rs. 11.7 or 6.07% from its previous closing of Rs. 192.8 on the BSE.

The scrip opened at Rs. 191.4 and has touched a high and low of Rs. 191.4 and Rs. 180.4 respectively. So far 1106549(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 5625.52 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 284.85 on 04-Mar-2015 and a 52 week low of Rs. 181 on 03-Jun-2015. Last one week high and low of the scrip stood at Rs. 219.2 and Rs. 186 respectively.

The promoters holding in the company stood at 34.9 % while Institutions and Non-Institutions held 27.66 % and 37.44 % respectively.

The stock is currently trading above its 200 DMA.

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