Housing Development Finance Stock Fundamentals and Outlook

Housing Development Finance stock is a popular investment option for those looking to dip their toes into the world of real estate. It's a type of mutual fund that invests in housing finance companies, providing a way to diversify your portfolio.

The fund has a large asset base, with over ₹1 lakh crore in assets under management. This is a significant amount, indicating a high level of investor interest in the fund.

HDFC's net worth is over ₹1.5 lakh crore, a testament to the company's financial health and stability. This is crucial for investors, as it provides a sense of security and reliability.

The fund's NAV (net asset value) has consistently outperformed the benchmark, with a return of over 12% in the last financial year. This is a significant achievement, and a testament to the fund's strong performance.

For more insights, see: What Are Asset Management Companies

HDFC Housing Development Finance Corporation Limited has a current price of 2762.93, with a 5-day average of 2760.49 and a 50-day average of 2716.04. The MACD indicator is in the positive zone, indicating a potential buying opportunity.

The RSI (14) is currently at 49, showing a buying momentum. The ADX (14) is at 0.61, indicating weak momentum but towards buying. This suggests that the stock may rise in the near future.

The company's recent prices show a daily volume divided by 10-day averaged volume, with the most recent price being 2724.30 on July 12, 2023. The weekly NSE and monthly NSE gainers and losers show HDFC's performance compared to other stocks.

Here's a breakdown of HDFC's current assets and liabilities:

The company's revenue is 1.5T INR, with a gross profit of 1.2T INR and an operating income of 227.4B INR.

Analysts' Recommendations are a crucial part of financial analysis, helping investors make informed decisions.

Consensus recommendations from analysts can be categorized into five groups: Buy, Outperform, Hold, Underperform, and Sell.

The TTM PEG Ratio is a metric used to evaluate a stock's valuation, and a PEG Ratio much higher than 1 indicates that the stock may be overvalued.

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Analysts' recommendations can also include specific price target adjustments, as seen in the case of Housing Development Finance Corporation Limited, where Nomura adjusted the price target to 3,350 Indian Rupees from 3,175 Indian Rupees while keeping the recommendation at Buy.

A Buy recommendation is generally considered a positive signal, indicating that the analyst expects the stock to perform well.

Here are the consensus recommendations listed:

HDFC Securities has a bearish view on Zomato, initiating coverage with a 'reduce' rating due to concerns about the long-term viability of quick commerce.

Higher FDI alone won't revolutionize India's insurance sector, according to Vibha Padalkar, HDFC Life, who emphasizes the importance of regulatory stability.

HDFC Defence Fund topped the return chart last week, offering a 7% return, making it a standout performer in the equity mutual funds space.

The NFO Alert on HDFC Mutual Fund's launch of the Nifty100 Quality 30 Index Fund suggests a focus on long-term wealth creation through quality-first investments in resilient and stable businesses.

HDFC Bank has sealed a significant lease deal for 4.5 lakh sq ft office space in Mumbai's Andheri, aligning with the bank's strategy to optimize its property portfolio post-merger with HDFC.

Housing Development Finance Corporation Limited has been involved in various company announcements, including the sale of shares of True North Corporate Private Limited and the allotment of securities pursuant to convertible securities and ESOP/ESPS.

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Revenue & Expenses are crucial components of a company's financial health. A company's revenue is the income it generates from its normal business activities, and in the case of Housing Development Finance Corporation Ltd, it's a whopping 1.5 trillion INR.

To break it down further, let's look at the cost of revenue, which is the direct cost associated with generating that revenue. For HDFC, the cost of revenue is a significant 368.2 billion INR.

Gross profit is the difference between revenue and cost of revenue, and HDFC's gross profit is a substantial 1.2 trillion INR. This indicates that the company is able to generate a significant amount of profit from its operations.

Operating expenses, on the other hand, are the costs associated with running the business, and HDFC's operating expenses are a substantial 933.8 billion INR. This includes expenses such as salaries, rent, and equipment costs.

The operating income is the profit generated from operations, and HDFC's operating income is a respectable 227.4 billion INR. This is calculated by subtracting operating expenses from gross profit.

Other expenses, such as interest payments and taxes, also eat into the company's profit. For HDFC, these other expenses total 34.3 billion INR.

Finally, the net income is the profit generated by the company after all expenses have been accounted for. For HDFC, the net income is a healthy 261.6 billion INR.

Insider trading transactions often involve company insiders, such as CEOs, CFOs, and other high-ranking executives, who possess material non-public information about their company's financial performance.

These insiders may buy or sell company stock based on this information, which can give them an unfair advantage over other investors.

In 2007, Raj Rajaratnam, a hedge fund manager, was convicted of insider trading for making trades based on confidential information from company insiders.

Insider trading can be committed by anyone with access to non-public information, including employees, directors, and even family members of company executives.

According to the article, insider trading can result in significant financial losses for investors who are unaware of the information being used to make trades.

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I've been studying the technical analysis of HDFC Housing Development Finance Corporation Limited, and I'm sharing my findings with you. The stock is currently in a downtrend for the short-term, which means it's not a good time to buy.

The 5-day average price is 2760.49, while the 12-day average is 2786.49, indicating a slight upward trend. However, the 50-day average is 2716.04, which is lower than the 5-day average, suggesting a bearish trend.

The MACD (12,26,9) indicator is in the positive zone, but the ADX (14) is indicating weak momentum and a buying trend. The RSI (14) is currently at 49, indicating buying momentum and a potential rise in the stock price.

Looking at the recent prices, the stock has been fluctuating between 2710.60 and 2777.65, with a daily volume that's 6.86 times the 10-day averaged volume. This indicates a significant increase in trading activity.

Here's a summary of the recent prices:

The stock is trading below an important moving average line, but it crossed this line recently, which could lead to a small or large recovery soon. My analysis suggests a bearish trend for the short-term, and the stock might move down till 2677.5 or 2591.5.

Housing Development Finance Corporation Limited, also known as HDFC, is a leading Indian financial services company.

It was founded in 1943 as a specialist mortgage lender, providing housing finance to individuals and families.

HDFC is headquartered in Mumbai, India, and is listed on the Bombay Stock Exchange and the National Stock Exchange of India.

The company has a strong presence in the Indian housing finance market, with a loan book of over ₹3.5 trillion as of 2022.

Related reading: List of Indian Exchange-traded Funds

HDFC has a diverse range of products and services, including home loans, personal loans, and credit cards.

The company has a large network of branches and offices across India, with over 1,000 locations.

HDFC has a strong reputation for customer service, with a high customer satisfaction rating of 85% as of 2022.

The company has a strong commitment to corporate social responsibility, with initiatives focused on affordable housing, education, and healthcare.

HDFC has a robust risk management framework in place, with a credit risk management team that monitors and manages the company's loan portfolio.

The company has a strong governance structure, with a board of directors that includes independent directors and a chairman with a strong track record of leadership.

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