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Indiabulls

Indiabulls Housing Finance is Ready For The Next Leg Of Up MoveIndiabulls Housing Finance is planning for almost 7000cr Fundraise and is highly undervalued. Reasons: 1. The Company is shifting its Lending mix of retail and wholesale to a complete retail model. 2. The Company has degrown its book since last 2 years and the process is now reaching its final stage. 3. The Company is now ready for a big growth cycle. 4. The Company is partnering with companies like HDFC, RBL, Central Bank Of India, and many more to make a co-lending asset lite model. 5. Housing Finance in general is a less risky business because the asset worth most of the time is more than the loan provided because of which less NPA and Gross NPA. 6. And the most Important Point the real estate cycle has turned and in general, there is a big demand for housing in India.
ILong
by iitkabaap
Indiabulls Housing Finance Is Soon Gonna Cross Its All Time HighIndiabulls Housing Finance is ready for a big reversal soon gonna cross all-time high of 1440. Reasons: 1. The Company is shifting its Lending mix of retail and wholesale to a complete retail model. 2. The Company has degrown its book since last 2 years and the process is now reaching its final stage. 3. The Company is now ready for a big growth cycle. 4. The Company is partnering with companies like HDFC, RBL, Central Bank Of India, and many more to make a co-lending asset lite model. 5. Housing Finance in general is a less risky business because the asset worth most of the time is more than the loan provided because of which less NPA and Gross NPA. 6 And the most Important Point the real estate cycle has turned and in general, there is a big demand for housing in India. UNLESS Indiabulls Housing Finance DOES SOME FRAUD IT IS GOING TO GO BIG. DON'T MISS IT 🤫!!
ILong
by iitkabaap
IndiaBulls Housing Finance can explode on Daily - 75-100% upsideIndiaBulls Housing Finance looks bullish on daily with huge potential upside both from Technical point of view and also based on fundamentals. Fundamentals: ============ The company said in a statement that it will gradually reduce its wholesale book by 33% by March 2022. According to the company, it is also planning to double the retail customer base by March 2025 and said that retail loan disbursals have picked up on the back of rising sale house sales. The lender reported a consolidated net profit of ₹329 crore in the three months to December, down 39.7% on the back of lower income. Its gross non-performing assets (NPAs) stood at 1.75% of gross advances. Had it not been for the Indian Supreme Court’s dispensation on asset classification, gross bad loan ratio would have reached 2.44% as on 31 December. Also, it has restructured 0.95% of its loan assets and its collection efficiency has now reached around 98%. Technicals: ========= The price has tested 0.117 Fib resistance a few times and is showing strong bull power on lower time frames to breach this resistance which will propel the price to 0.236 Fib resistance at around ₹ 400. Also, the Support/Resistance bands are squeezing and turning around showing some strong potential price move to the upside with the extreme top bands coinciding with the 0.236 Fib resistance where the Daily price will have its first test. Breaching this 0.236 resistance level, a big move can be expected to 0.382-0.618 (₹ 600 - 900 range) levels test, given the company hits its fundamental stakeholder expectations and its commitments. The following 4hr chart shows price testing the top resistance bands and a big move is likely upon breach =================================================================================================================== Do Your Own Research on Company fundamentals to get a good idea and its future potential.
ILong
by TradeChartist
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