Repco Home Finance Ltd up by 9.99%: Market Update By Espresso

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Espresso Shot of the Day - Repco Home Finance Ltd up by 9.99 percent

September 12, 2022
Espresso Shot of the Day - Repco Home Finance Ltd up by 9.99 percent

REPCO HOME FINANCE LTD 254.30 (+9.99%) BSE – INE418H01029| 12th September 2022

https://www.myespresso.com/images/Binge-graph-image_Repco%20Home%20Finance%20Ltd%2012092022(2)-202209121843450087274.jpg

Repco Home Finance Ltd (RHFL) is a professionally managed housing finance company head quartered in Chennai, Tamil Nadu. We were incorporated in April 2000. We are registered as a housing finance company with the National Housing Bank (NHB) As at the end of March 2018, RHFL is operating through 131 branches and 29 satellite centres in Tamil Nadu, Andhra Pradesh, Jharkhand, Kerala, Karnataka, Maharashtra, Madhya Pradesh, Gujarat, Odisha, West Bengal and Puducherry.


Recent Driver

  • Repco Home Finance said on August 23,2022 that, it is expecting to post a growth of 10-11% in lending during this fiscal to reach a loan book of ?13,000 crore.
  • On August 19,2022 UK-based asset management firm Omnis Portfolio Investments bought 4,76,998 equity shares, which is 0.76 percent of total paid-up equity of Repco Home Finance at an average price of Rs 232.4 per share.
  • On August 12, 2022,Company reported a Quarterly Net Profit at Rs. 62.02 crore in June 2022 up 93.08 % from Rs. 32.12 crore in June 2021
  • On August 12, 2022,Company reported a Quarterly Net Sales at Rs 302.32 crore in June 2022 .
  • Company declared the final dividend of Rs 2.50 per equity share for the financial year 2021-22 on August 1,2022.
(Sources: BSE, Moneycontrol,The Hindu, Economics Times)     


Technical Force*

  • S&P BSE 500 month till date gain by 4.09%.
  • 3 months avg. NSE volume: 639,291
  • Quantity traded: 39,735| Deliverable Quantity: 15,183 (38.21%)
  • The stock price jumped by more than 100% from a one-year low level: 113.35 (June 22,2022)
  • Daily RSI (14) is at overbought territory today.
  • 52-week-high: 333.70 |52-week-low: 113.35


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

581.52

505.38

387.17

311.03

192.82

116.68

-

-

Fibonacci Pivot

505.38

431.14

385.28

355.73

311.03

266.33

236.79

190.93

116.68


Today’s Close

254.30

SMA

BSE

10 DAY

240.14

20 DAY

234.75

50 DAY

180.66

200 DAY

203.78


Some Key Ratios (Source: BSE)

Market Cap: 1,590.94 crores

PE: 7.18

OPM%: -

ROE%:  9.91

Promoters holding%: 37.13

Prev. Close:  231.20


https://www.myespresso.com/images/espresso_shot_blog_credit_image%20WD-202206271809546799546.jpg

Chart and Technical Force data from the Binge desktop app

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.