Repco looking for revival
Repco Home Finance Ltd. is one of the leading housing finance company registered with National housing bank. The main products of the company are different category of home & plot loans such as dream home loan, home makeover loan NRI Housing loan & commercial real estate loan etc. Repco Home Finance CMP is 209.
Negatives aspects of the company are declining annual net profit, FIIs are decreasing stake, high debt. Positive aspects of the company are improving cash from operations annual, zero promoter pledge, MF are increasing stake.
Entry in the stock can be taken at 214. The short-term targets are 225, 235 & 243. The long-term targets are 254, 262 & 278. Keep a stop loss at 195.
Negatives aspects of the company are declining annual net profit, FIIs are decreasing stake, high debt. Positive aspects of the company are improving cash from operations annual, zero promoter pledge, MF are increasing stake.
Entry in the stock can be taken at 214. The short-term targets are 225, 235 & 243. The long-term targets are 254, 262 & 278. Keep a stop loss at 195.
Happy Candles Investment
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