Long
India Bulls Housing Finance: An upmove of 614%?
diwali pick
➡️current Mcap 8051 cr
➡️value of Cash and investments with the company 10602 cr (as on 31/03, would be even higher as on date)
➡️Logical Npa level is reducing substantially (as the loan base has reduced over the years)
➡️pivoting towards highly rewarding retail segment
➡️problematic promoter forced to exit the company by the majority shareholders
➡️TF 3 years+
Disc: already invested
➡️current Mcap 8051 cr
➡️value of Cash and investments with the company 10602 cr (as on 31/03, would be even higher as on date)
➡️Logical Npa level is reducing substantially (as the loan base has reduced over the years)
➡️pivoting towards highly rewarding retail segment
➡️problematic promoter forced to exit the company by the majority shareholders
➡️TF 3 years+
Disc: already invested
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