Housing Development Finance Corporation Ltd remains supported


Housing Development Finance Corporation Ltd quotes at Rs 2,622, up 1.37% on the day at 12:54 PM IST on the NSE. The stock is up 1.69% in the past year, compared to a 24.31% jump in NIFTY and a 16.14% jump in the Nifty Financial Services Index.

Housing Development Finance Corporation Ltd is up for a third consecutive session today. The stock is trading at Rs 2,622, up 1.37% on the day as at 12:54 p.m. IST on the NSE. The benchmark NIFTY is up around 1.23% on the day to 17568.25. The Sensex is at 58978.23, up 1.24%. Housing Development Finance Corporation Ltd has slipped around 5.3% in the past month.



Meanwhile, the Nifty Financial Services Index, of which Housing Development Finance Corporation Ltd is a part, has slipped around 0.28% in the past month and currently stands at 17330.85, up 1.82% on the day. The share volume stood at 6.89 lakh shares today, compared to the daily average of 22.32 lakh shares over the past month.

The benchmark January futures contract for the stock is quoted at Rs 2628.5, up 1.36% on the day. Housing Development Finance Corporation Ltd is up 1.69% over the past year, compared to a 24.31% jump in NIFTY and a 16.14% jump in the Nifty Financial Services Index.

The stock’s PE is 36.35 based on TTM earnings ending September 21st.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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