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Housing Development Finance Corporation

Buy Housing Development Finance Corporation shares

HOUSING DEVELOPMENT FINANCE CORPORATION (BOM: 500010) Shares 

ABOUT HOUSING DEVELOPMENT FINANCE CORPORATION

Housing Development Finance Corporation Limited (BOM: 500010) is an Indian financial services company with headquarters in Mumbai that provides of finance for housing, as well as banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans. It was founded in 1977 by Hasmukhbhai Parekh.

Housing Development Finance Corporation Limited launched its mutual fund schemes in 2000 and was also granted registration as the first private sector life insurance company in India. Offices in London, Singapore and Dubai service associates in Middle East countries.

OVERVIEW OF HOUSING DEVELOPMENT FINANCE CORPORATION

  • Housing Development Finance Corporation Limited offers housing finance to individuals and corporates for purchasing or constructing residential houses and 33 individual products and eight group products of life insurance through its subsidiary HDFC Standard Life Insurance Company Limited. Operating out of 450+ offices across India, more than 15 000 employees serve approximately 2 400 towns and cities to maintain a substantial market share of life insurance business in India.

  • Housing Development Finance Corporation Limited’s general insurance products include motor, health, travel, home and personal accident in the retail segment and property, marine, aviation and liability insurance in the corporate segment. Mutual fund services are provided through subsidiary HDFC Asset Management Company Limited.

VISION & VALUES OF HOUSING DEVELOPMENT FINANCE CORPORATION

  • Housing Development Finance Corporation Limited aims to enhance the residential housing stock in the country by providing finance in a systematic and professional manner and promote home ownership at the same time. The core values kept in their business dealings are trust between all parties, integrity in decision-making and action, transparency in all transactions and professional service always.

  • Housing Development Finance Corporation Limited commits to its value chain to ensure it reaches its set goals, meet current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF HOUSING DEVELOPMENT FINANCE CORPORATION

  • Housing Development Finance Corporation Limited’s shares trade on the Bombay Stock Exchange (BSE) under the stock symbol BOM 500010 listed in the Business Sector: Financial Services.

  • Highlights of Housing Development Finance Corporation Limited’s recent performance include net profit of 3,961 Crores INR and EPS of 22.94 INR for the quarter ending September 2019. Annual results for the year ending March 2019 saw net income of 101.9 billion INR and EPS of 95.4 INR. Total assets were 660,875 Crore INR (USUS Dollar 96 billion). Market cap as at November 2019 was 54.41 billion USD or 3,886.44 billion INR.

  • Due to Housing Development Finance Corporation Limited’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns during 2022 and in future.

LATEST NEWS HOUSING DEVELOPMENT FINANCE CORPORATION

Buy HOUSING DEVELOPMENT FINANCE CORPORATION stocks / shares – A Step by Step Guide how to Buy / Purchase HOUSING DEVELOPMENT FINANCE CORPORATION  Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy HOUSING DEVELOPMENT FINANCE CORPORATION Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN HOUSING DEVELOPMENT FINANCE CORPORATION STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE HOUSING DEVELOPMENT FINANCE CORPORATION STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of HOUSING DEVELOPMENT FINANCE CORPORATION stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy HOUSING DEVELOPMENT FINANCE CORPORATION stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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