Buy Housing Development Finance Corporation, target Rs 1,716.20: ICICI Direct

ICICI Direct has a buy call on Housing Development Finance Corporation with a target price of Rs 1,716.20.

The current market price of Housing Development Finance Corporation is Rs 1,709.

Time period given by analyst is intraday when Housing Development Finance Corporation price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 1,665.10.

Housing Development Finance Corporation, incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 2,65,416.82 Crore) operating in Finance sector.

The company’s top management includes Dr.Bimal Jalan, Dr.J J Irani, Mr.B S Mehta, Mr.D M Sukthankar, Mr.D N Ghosh, Mr.Deepak S Parekh, Mr.Keki M Mistry, Mr.Nasser Munjee, Mr.V Srinivasa Rangan, Ms.Renu Sud Karnad.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 1,595,100,945 shares outstanding.