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GIC Housing Finance Ltd share Price Today

Company details

239.40
246.50
173.10
292.40
6M Return 7.67%
1Y Return 36.24%
Mkt Cap.(Cr) 1,292.75
Volume 788,236
Div Yield 1.88%
OI
-
OI Chg %
-
Volume 788,236

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GIC Housing Finance Ltd shares SWOT Analysis

Strengths (5)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Increasing profits every quarter for the past 2 quarters

Weakness (4)

  • Red Flag: High Interest Payments Compared to Earnings
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Degrowth in Revenue and Profit

Opportunity (3)

  • Decrease in Provision in recent results
  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 244.6
R2 249.1
R3 251.7
Pivot

241.99

S1 237.5
S2 234.9
S3 230.4
EMA SMA
221.9
218.6
218.1
212.0
219.2
217.0
224.5
215.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-12 241.49 282096 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-06-12 241.52 282096 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-11 235.12 378863 NSE

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

GIC Housing Finance Ltd Stocks COMPARISON

Financials( in Cr) GIC Housing Finance Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Indian Railway Finance Corporation Ltd Jio Financial Services Ltd
Price 240.06 7,341.55 1,591.75 174.80 357.00
% Change 0.28 0.64 0.10 -0.19 -1.05
Mcap Cr 1,292.75 454,439.01 253,961.96 228,437.48 226,812.24
Revenue TTM Cr 1,122.78 41,398.35 82,071.70 23,891.95 44.84
Net Profit TTM Cr 213.25 11,507.69 12,209.54 6,337.01 31.25
PE TTM 8.51 31.23 31.16 35.67 142.61
1 Year Return 36.24 2.44 7.10 429.70 43.43
ROCE 8.73 11.76 12.69 5.32 0.03
ROE 13.29 23.46 28.18 14.66 0.02
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,699.30 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 35,930.46 -6,140.05
LAST 3M 112,173.55 -45,499.40
LAST 6M 183,830.47 -16,034.02
LAST 12M 290,122.07 99,526.79

GIC Housing Finance Ltd Information

Stock PE (TTM)
8.51
Promoter Holding
42.41%
Book Value
339.61
ROCE
8.73%
ROE
13.29%
Description
  • GIC Housing Finance Ltd is a subsidiary of General Insurance Corporation of India. The company is engaged in the housing finance activity. They operate in the retail loan segment. They provide loans to individuals and to persons/ entities engaged in construction of houses/ flats for residential purposes. As on 31 March 2019, the company had 75 offices spread across the country. They have got a strong marketing team, which is further assisted by Sales Associates (SAs). They have tie-ups with builders to provide finance to individual borrowers. The company also has tie-ups with corporates for various housing finance needs. GIC Housing Finance Ltd was incorporated on December 12, 1989 with the name GIC Grih Vitta Ltd. The company was formed with the objective of entering in the field of direct lending to individuals and other corporates to accelerate the housing activities in India. The company was promoted by General Insurance Corporation of India and their erstwhile subsidiaries namely, National Insurance Company Ltd, The New India Assurance Company Ltd, The Oriental Insurance Company Ltd and United India Insurance Company Ltd together with erstwhile UTI, ICICI, IFCI, HDFC and SBI, all of them contributing to the initial share capital. HDFC, SBI, ICICI and SUUTI sold off their holding in the company and ceased to be the promoters of the company. During the year 1989-91, the company started their operations in 8 locations. During the year 1991-92, they launched Employee and Builder Scheme Housing Scheme. During the year 1992-93, the name of the company was changed from GIC Grih Vitta Ltd to GIC Housing Finance Ltd with effect from November 16, 1993. During the year 1994-95, the company started new services centres in Navi Mumbai, Vizag and Coimbatore. During the year 1996-97, they started the process of branch interlinking and computerization. During the year 2000-01, the company opened a service centre at Madurai in Tamilnadu. During the year 2001-02, they opened three service centres at Trichy (Tamil Nadu), Thane (Mumbai) and Noida (Delhi). During the year 2009-10, the company opened their branches in tier two cities namely Baroda, Nagpur and Nasik. With this, the total number of branches as on 31st March 2010 stood at 27. They sanctioned Rs 77757 lakh under `Apna Ghar Yojana` during the year. The company had taken `Special Contingency Insurance` with The New India Assurance Company Ltd, which covers Accidental Insurance and Mortgaged property Insurance of the borrowers of the company. Also, the company made a tie up with Kotak Mahindra Old Mutual Life Insurance Ltd for getting insurance cover on the life of the borrower to the extent of the `outstanding home Loan`. In December 2010, the company sold their investments in LIC Mutual Fund Asset Management Company Ltd and LIC Mutual Fund Trustee Company Pvt Ltd.During the year ended 31 March 2014, GIC Housing Finance opened its branches at Patna (Bihar), Ahmedabad (Gujarat), Yelahanka (Bangalore, Karnataka), Chandanagar (Hyderabad, Andhra Pradesh), Kalyan & Borivali (Maharashtra) and Dehradun (Uttarakhand). During the year ended 31 March 2015, GIC Housing Finance opened its branches at Meerut (Uttar Pradesh), Boisar (Maharashtra), Ghaziabad (Uttar Pradesh), Margao (Goa), Dwarka (Delhi), Electronic City (Bengaluru), Garia (Kolkata) and Hadapsar (Maharashtra). During the year ended 31 March 2016, GIC Housing Finance opened its branches at Greater Noida (Uttar Pradesh), Raipur (Chhattisgarh), Vijayawada (Andhra Pradesh), Vasai (Maharashtra) and Patiala (Punjab).During the year ended 31 March 2017, GIC Housing Finance opened its branches at Pitampura (Delhi), Hinjewadi (Maharashtra), Barasat (West Bengal), Mangalore (Karnataka) and Guwahati (Assam). During the year ended 31 March 2018, GIC Housing Finance opened its branches at Kozhikode (Kerala), Nellore (Andhra Pradesh), Whitefield (Karnataka), Hubli (Karnataka) and Siliguri (West Bengal). During the year 2019, the Company has opened its Branches at Thrissur (Kerala), Surat (Gujarat), Suchitra (Hyderabad), Kengari (Karnataka) and Varanasi (Uttar Pradesh).

Registered Address

Royal Insurance Build 6th Flr, 14 Jamshedji Tata Rd Churchgat, Mumbai, Maharashtra, 400020

Tel : 91-22-2285 1765(5 Lines)
Email : investors:gichf.com; corporate:gichf.com; nutan.si
Website : http://www.gichfindia.com
Registrar

Sharepro Services India P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 511676
NSE Code : GICHSGFIN
Book Closure Date (Month) :
BSE Group : B
ISIN : INE289B01019

FAQ’s on GIC Housing Finance Ltd Shares

You can buy GIC Housing Finance Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy GIC Housing Finance Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:58 PM the closing price of GIC Housing Finance Ltd was Rs.240.06.

The latest PE ratio of GIC Housing Finance Ltd as of Jun 14, 2024 03:58 PM is 8.51

The latest PB ratio of GIC Housing Finance Ltd as of Jun 14, 2024 03:58 PM is 1.42

The 52-week high of GIC Housing Finance Ltd share price is Rs. 292.40 while the 52-week low is Rs. 173.10

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:58 PM, the market cap of GIC Housing Finance Ltd stood at Rs. 1,292.75.

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