Buy India Shelter Finance Corporation, target price Rs 800: ICICI Securities
India Shelter Finance Corporation with a target price of Rs 800. The current market price of India Shelter Finance Corporation Ltd. is Rs 652.
India Shelter Finance Corporation Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 6965.82 Crore) operating in NBFC sector.
India Shelter Finance Corporation Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Fees & Commission Income and Income From Sale Of Share & Securities for the year ending 31-Mar-2024.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 244.42 Crore, up 11.92 % from last quarter Total Income of Rs 218.38 Crore and up 37.92 % from last year same quarter Total Income of Rs 177.22 Crore. Company reported net profit after tax of Rs 77.93 Crore in latest quarter.
Promoter/FII Holdings Promoters held 48.3 per cent stake in the company as of 31-Mar-2024, while FIIs owned 5.28 per cent, DIIs 16.09 per cent.
(You can now subscribe to our ETMarkets WhatsApp channel)
Read more on economictimes.indiatimes.com
