BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains buy on Indiabulls Housing Finance
CLSA has maintained its "buy" rating on Indiabulls Housing Finance. CLSA has revised target price on the company to Rs 1,100 from Rs 870 earlier. Better funding mix of the company is likely to aid growth. We see 22 per cent CAGR in earnings over FY2016-19. The company is capitalising on low rates.