Buzzing stocks of Aurobindo Pharma, BHEL, Ganesha Eco, Oil India, Infosys, Biocon, Adani Enterprises, Delta Corp, Fortis Healthcare, Reliance Industries, ICICI Bank, ICICI Lombard GIC, India Cements, Barbeque, GIC Housing, Max Healthcare, Gland Pharma, Indigo Paints, Policybazaar, Sobha, Tata Chen, …

Stocks to watch on August 7, 2023

The company’s net consolidated income stood at Rs 287.4 crore in Q4 FY23, 0.87 percent lower from Rs 290 crore in yar-ago quarter

GIC Housing Finance drops 4% as Q4 result fails to enthuse investors

GIC Housing Fin Consolidated March 2023 Net Sales at Rs 281.17 crore, down 2.45% Y-o-Y

GIC Housing Fin Standalone December 2022 Net Sales at Rs 280.81 crore, down 3.71% Y-o-Y

GIC Housing Finance standalone net profit declines 14.53% in the December 2022 quarter

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

Hasn't fared well - amongst the low performers

Performance

Undervalued compared to the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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.