Buy Can Fin Homes Ltd. target Rs 500.0 : Dr CK Narayan

Dr CK Narayan of Chart Advise has buy call on Can Fin Homes Ltd. with a target price of Rs 500.0 . The current market price of Can Fin Homes Ltd. is Rs 481.3 Time period given by analyst is Intra Day when Can Fin Homes Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 480
Can Fin Homes Ltd., incorporated in the year 1987, is a Mid Cap company (having a market cap of Rs 6472.06 Crore) operating in Finance sector.

Can Fin Homes Ltd. key Products/Revenue Segments include Interest which contributed Rs 1306.08 Crore to Sales Value (96.59 % of Total Sales) and Fees & Other Charges which contributed Rs 45.99 Crore to Sales Value (3.40 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2017, the company has reported a Standalone sales of Rs 383.85 Crore, up 4.08 % from last quarter Sales of Rs 368.82 Crore and up 15.51 % from last year same quarter Sales of Rs 332.31 Crore Company has reported net profit after tax of Rs 74.99 Crore in latest quarter. The company’s top management includes Mr.G Naganathan, Mr.K N Prithviraj, Mr.S A Kadur, Mr.Sarada Kumar Hota, Mr.T V Rao, Mrs.Bharati Rao, Mrs.P V Bharathi. Company has K P Rao & Co. as its auditoRs As on 30-09-2017, the company has a total of 26,620,242 shares outstanding.