Sell Can Fin Homes, target Rs 2,450: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a sell call on Can Fin Homes with a target price of Rs 2,450.

The current market price of Can Fin Homes is Rs 2,551.50.

Time period given by the analyst is intraday when Can Fin Homes price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 2,610.

Can Fin Homes, incorporated in the year 1987, is a Mid Cap company (having a market cap of Rs 6,794.97 Crore) operating in Finance sector.

Can Fin Homes key Products/Revenue Segments include Interest which contributed Rs 1,306.08 Crore to Sales Value (96.59 per cent of Total Sales) and Fees & Other Charges which contributed Rs 45.99 Crore to Sales Value (3.40 per cent of Total Sales)for the year ending 31-Mar-2017.

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 30-06-2017, the company has a total of 26,620,242 shares outstanding.