Aadhar Housing looks enticing. Aadhar Housing Finance Ltd. engages in the provision of home loans. It also offers loans to customers including individuals, Companies, Corporations, Societies or Association of Persons for purchase; construction; repair and renovation of residential property.
Aadhar Housing Finance Ltd. CMP is 434.25. The positive aspects of the company are Stocks Outperforming their Industry Price Change in the Quarter, Decrease in Provision in recent results, Company with Zero Promoter Pledge and Annual Net Profits improving for last 2 years. The Negative aspects of the company are Moderately High Valuation (P.E. = 22.4), Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years and Companies with high market cap, lower public shareholding.
Entry can be taken after closing above 439 Targets in the stock will be 453, 468 and 480. The long-term target in the stock will be 495 and 518. Stop loss in the stock should be maintained at Closing below 399 or 375 depending upon your risk taking ability.
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