|Bid||1,901.25 x 0|
|Ask||0.00 x 0|
|Day's Range||1,894.35 - 1,912.80|
|52 Week Range||1,230.60 - 1,918.65|
|PE Ratio (TTM)||27.06|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
India's Housing Development Finance Corp Ltd plans to raise about 111 billion rupees ($1.75 billion) from a preferential share sale to investors including affiliates of Singapore state investor GIC and private equity KKR & Co. LP. A committee of directors of the mortgage lender on Saturday approved selling 64.3 million shares at 1726.05 rupees a piece to the investors, according to a stock exchange filing. Separately, HDFC will also sell shares to institutional investors through a so-called Qualified Institutions Placement to raise up 18.96 billion rupees, it said.
Housing Development Finance Corporation Limited (NSEI:HDFC) is currently trading at a trailing P/E of 24x, which is higher than the industry average of 17.9x. Although some investors may jump toRead More...
Housing Development Finance Corporation Limited (NSEI:HDFC) outperformed the Thrifts and Mortgage Finance industry on the basis of its ROE – producing a higher 19.58% relative to the peer average ofRead More...
One of the primary sources of strength for diversified emerging markets exchange traded funds this year is India, Asia's third-largest economy. With the MSCI Emerging Markets Index approach 2017 gains ...
As has been widely documented , India is one of the leaders of this year's emerging markets rally. The two largest India exchange traded funds trading in the U.S., both of which focus on large-cap stocks, ...