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Vineet Chawla

11th Nov · SEBI-Registered Analyst

close above 52-week high zone

CANFINHOME
- Strong Financials: Can Fin Homes has reported a net profit of ₹177.5 crore for Q1 FY25, with a year-on-year growth of 19.3%. The company's net interest income grew by 23.4% year-on-year. - Growth Prospects: Analysts expect Can Fin Homes to show strong growth in the coming quarters, driven by its robust business growth and improved asset quality. The company's loan book grew by 20.1% year-on-year. - Valuation: Can Fin Homes' price-to-book value (P/BV) ratio is 2.1x, indicating that the stock is reasonably valued. The company's return on equity (RoE) is 17.2%, which is higher than its cost of equity. - Technical Outlook: The stock is trading above its 52-week high, indicating strong momentum. Analysts recommend a "Buy" rating on the stock, with a target price of ₹1,000-₹1,200 in the short-to-medium term Disclaimer: Investing and Trading in Stock Market is risky activity. Always trade with a stop loss. Do not Trade's invest by taking loan and trade only with the money that you can afford to risk. Do not put your entire capital in one single Trade.

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