Sell Bharat Financial Inclusion Ltd. target Rs 650 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a sell call on Bharat Financial Inclusion Ltd. with a target price of Rs 650.0 .The current market price of Bharat Financial Inclusion Ltd. is 725.8 Time period given by analyst is Intra Day when Bharat Financial Inclusion Ltd. price can reach defined target. Manas Jaiswal recommended to keep stop loss at Rs 770.0 .

Bharat Financial Inclusion Ltd., incorporated in the year 2003, is a midcap company (having a market cap of ₹ 10015.62 Cr.) operating in Finance sector.

Bharat Financial Inclusion Ltd. key Products/Revenue Segments include Interest which contributed ₹ 971.56 Cr to Sales Value (83.10 % of Total Sales), Income From Securitisation which contributed ₹ 110.30 Cr to Sales Value (9.43 % of Total Sales), Processing Charges which contributed ₹ 72.58 Cr to Sales Value (6.20 % of Total Sales) and Other Operating Revenue which contributed ₹ 14.69 Cr to Sales Value (1.25 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-03-2017, the company has reported a Standalone sales of ₹ 367.84 Cr., down -.09% from last quarter Sales of ₹ 368.18 Cr. and up 22.60% from last year same quarter Sales of ₹ 300.03 Cr. Company has reported net profit after tax of ₹ -234.92 Cr. in latest quarter. The company’s CEO is Mr.M R Rao. It's Board of Directors include Mr.Rajendra Patil, Dr.Punita Kumar Sinha, Dr.Tarun Khanna, Mr.Geoffrey Tanner Woolley, Mr.K G Alai, Mr.M R Rao, Mr.P H Ravikumar, Mr.Rajender Mohan Malla, Mr.S Balachandran, Mr.Ashish Damani, Mr.Rajendra Patil. Company has its registered office at Unit No. 410, Madhava, , Bandra-Kurla Complex, , Bandra East, Mumbai, 400051, Maharashtra. Company has BSR & Associates LLP as its auditors. As on 31-03-2017, the company has a total of 137,981,298 shares outstanding.