The balance sheet risk would be significantly improved in the merged entity, says Choksey

“We have not indulged in irrational pricing and have been able to sustain growth.”

“Over the coming quarters, there will be an increasing trend of loan asset growth.”

Buy Deepak Nitrite Ltd. at a price target of Rs 215.0 and a stop loss at Rs 183.4 from entry point.

Buy Deepak Nitrite at a price target of Rs 200 and a stop loss at Rs 155 from entry point.

Buy GRUH Finance at a price target of Rs 580 and a stoploss at Rs 465 from entry point.

Buy GRUH Finance at a price target of Rs 550 and a stop loss at Rs 490 from entry point.

"We have repaid most of the bank borrowings and that has helped reduce our borrowing cost. This has also contributed to the growth in profi...

The supply situation has to improve at the low end of the market. Government has been persuading the private sector to come forward.

Sudhin Choksey, MD & CEO, Gruh Finance, says that loan recovery de-growth is a reflection of overall economic slowdown.

"It’s good when the outcome turns out good. It is not that it is a philosophy or a definite strategy: promise less and deliver more."

"Demand continues to be weak. Everywhere property transactions have been on a decline and therefore, the customer is in a wait and watch mo...

From this quarter, our yield on loans have declined by around 32 bps whereas the borrowing costs have declined only by 5 bps.

Unfortunately they have announced this benefit only for a period of one year, I hope going forward this will be sustained.

The housing sector looks very promising over a long period of time, says Sudhin Choksey.

"We have been observing a little slowdown compared to the previous year and month by month, it has been slowing down," said Sudhin Choksey.

The small-ticket home loan arm of the largest mortgage lender HDFC, Gruh Finance, has said it is planning to raise around Rs 100 crore of t...