Housing Development Finance Corporation has on 20 February 2019 updated its existing Medium Term Note Programme through an Offering Circular, for an amount of up to USD 2.8 billion in order to enable the corporation to issue rupee/ foreign currency denominated bonds in the international capital markets subject to regulatory approvals.

Powered by Capital Market - Live News

Housing Development Finance Corporation has allotted 5,12,667 equity shares pursuant to exercise of stock options under Employees Stock Option Schemes. Post the above allotment, the paid up equity share capital of the company is Rs 343,99,67,850 consisting of 171,99,83,925 equity shares of Rs 2 each.

Powered by Capital Market - Live News

Housing Development Finance Corporation Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1989.15, up 0.39% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.9% on the day, quoting at 11033.3. The Sensex is at 36886.04, up 0.74%. Housing Development Finance Corporation Ltd has risen around 0.82% in last one month.

Meanwhile, Nifty Financial Services index of which Housing Development Finance Corporation Ltd is a constituent, has risen around 0.07% in last one month and is currently quoting at 11519.55, up 0.7% on the day. The volume in the stock stood at 8.25 lakh shares today, compared to the daily average of 26.47 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 1998.5, up 0.58% on the day. Housing Development Finance Corporation Ltd is up 11.42% in last one year as compared to a 5.31% spurt in NIFTY and a 10.06% spurt in the Nifty Financial Services index.

The PE of the stock is 35.38 based on TTM earnings ending December 18.

Powered by Capital Market - Live News

Net profit of Housing Development Finance Corporation declined 60.12% to Rs 2113.80 crore in the quarter ended December 2018 as against Rs 5300.00 crore during the previous quarter ended December 2017. Sales declined 25.01% to Rs 10555.55 crore in the quarter ended December 2018 as against Rs 14076.05 crore during the previous quarter ended December 2017.

Powered by Capital Market - Live News