Buy Can Fin Homes, target Rs 364: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Can Fin Homes Ltd. with a target price of Rs 364. The current market price of Can Fin Homes Ltd. is Rs 356.65 Time period given by analyst is Intra Day when Can Fin Homes Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 346. Can Fin Homes Ltd., incorporated in 1987, has a market cap of Rs 4711.66 crore.

Can Fin Homes Ltd. key Products/Revenue Segments include Interest which contributed Rs 1490.56 Crore to Sales Value (96.54 % of Total Sales) and Fees & Other Charges which contributed Rs 53.34 Crore to Sales Value (3.45 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Standalone sales of Rs 463.05 Crore, up 3.24 % from last quarter Sales of Rs 448.54 Crore and up 15.91 % from last year same quarter Sales of Rs 399.49 Crore Company has reported net profit after tax of Rs 67.01 Crore in latest quarter. The company’s top management includes Dr.Yeluri Vijayanand, Mr.Debashish Mukherjee, Mr.G Naganathan, Mr.K N Prithviraj, Mr.S Subramanian, Mr.Sarada Kumar Hota, Mr.Shreekant M Bhandiwad, Mr.T V Rao, Mrs.Bharati Rao. Company has Varma & Varma as its auditoRs As on 31-03-2019, the company has a total of 133,154,125 shares outstanding.