Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

India’s GIC Housing Finance plans to raise funds selling commercial papers maturing in two months, three merchant bankers said on Monday.The housing finance company will offer a yield of 7.40% on this issue, and has received commitments worth around 1 billion rupees ($12.23 million) so far, the bank…

GIC Housing Finance to issue 2-month CP - traders

Stocks to watch today: Titan plans to add 20 to 30 Tanishq stores over two to three years in the Middle East and North America; Nelco inked pact with Intelsat to provide inflight connectivity services

Stocks to watch: Titan, Dr Reddy’s, Nelco, IOC, GIC Housing, Torrent Pharma

The housing financier will seek approval from its shareholders on the capital raise plan in the upcoming annual general meeting on September 23, 2022

GIC Housing Finance to raise up to Rs 2,500 crore via issue of bonds

The housing financier will seek approval from its shareholders on the capital raise plan in the upcoming annual general meeting on September 23, 2022.The company said whether the funds will be moped-up in one or more tranches will depend upon the requirement, time of issue as well as market conditio…

GIC Housing Finance to raise up to Rs 2,500 crore via bonds

GIC Housing Finance standalone net profit rises 25.50% in the December 2021 quarter

Total income fell to Rs 293 crore in Q3 FY′22 as against Rs 312 crore in the same quarter of the previous fiscal year, GIC Housing Finance said in a regulatory filing.

GIC Housing Finance Q3 results: Net profit rises 26% to Rs 76 cr

The company had registered a net profit of Rs 61 crore in the same quarter a year earlier

GIC Housing Finance net rises 26% to Rs 76 crore in December quarter

BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy’s, CBI, AU SFB, Textiles

Orient Bell Ltd, Summit Securities Ltd, GIC Housing Finance Ltd and Orbit Exports Ltd are among the other gainers in the BSE’s ‘B’ group today, 28 January 2022.

Dynacons Systems & Solutions Ltd leads gainers in ‘B’ group

GIC Housing Finance standalone net profit rises 119.56% in the September 2021 quarter

The long-term rating on the bank facility was changed to ICRA AA (Stable). The short-term rating was reaffirmed at ICRA A1+.

ICRA revises credit ratings of GIC Housing Finance NCDs to ICRA AA (Stable); Stock surges ~4%

GIC Housing Finance Ltd. is engaged in the housing finance business. The Company's primary business is granting housing loans to individuals and to persons/entities engaged in construction of houses or flats for residential purposes.

GIC Housing Finance Ltd

GIC Housing Finance Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

GIC Housing Finance to issue 2-month CP - traders

Stocks to watch: Titan, Dr Reddy’s, Nelco, IOC, GIC Housing, Torrent Pharma

GIC Housing Finance to raise up to Rs 2,500 crore via issue of bonds

GIC Housing Finance to raise up to Rs 2,500 crore via bonds

GIC Housing Finance standalone net profit rises 25.50% in the December 2021 quarter

GIC Housing Finance Q3 results: Net profit rises 26% to Rs 76 cr

GIC Housing Finance net rises 26% to Rs 76 crore in December quarter

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy’s, CBI, AU SFB, Textiles

GIC Housing Finance Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

GIC Housing Finance to issue 2-month CP - traders

Stocks to watch: Titan, Dr Reddy’s, Nelco, IOC, GIC Housing, Torrent Pharma

GIC Housing Finance to raise up to Rs 2,500 crore via issue of bonds

GIC Housing Finance to raise up to Rs 2,500 crore via bonds

GIC Housing Finance standalone net profit rises 25.50% in the December 2021 quarter

GIC Housing Finance Q3 results: Net profit rises 26% to Rs 76 cr

GIC Housing Finance net rises 26% to Rs 76 crore in December quarter

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy’s, CBI, AU SFB, Textiles

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock