Can Fin Homes Ltd Share Price, Technical Analysis, Buy or Sell Analysis
We are optimistic on the prospects of Can Fin Homes Ltd which is a housing finance company. The Company offers housing loans to individuals; housing loans to builders/developers, and loan against property. Its loan portfolio includes housing loans and non-housing loans. Its housing loan products include individual home loans and various schemes related to the construction or purchasing of properties. Its non-housing loans include mortgage loans, loans against commercial property, site loans, personal loans, Flexi-lap and commercial housing loans.
The Company accepts deposits from the public, including fixed deposits and cumulative deposits. Under both types, it has a general scheme, the senior citizen scheme and trust deposit scheme. Its deposits include Fixed Deposit Scheme for Senior Citizens, Cumulative Deposit Scheme for Senior Citizens, CanFin Trust Fixed Deposit Scheme and CanFin Trust Cumulative Deposit Scheme. It has approximately 170 branches/satellite offices distributed across over 19 States/Union Territories of India.
Canfin Housing finance company is going to see a robust growth courtesy offtake of the home loans post lifting of the unlocking of the economy. The stock can target 515-525-550-600 levels with a long term perspective.
The chart shows the clear picture for the stock as shown below and not to forget to check our Best Bank Nifty option tip or Intraday stock tip and start making money on a daily basis.