Buy Housing Development Finance Corporation target worth Rs 2450 Chandan Taparia

Buy Housing Development Finance Corporation target worth Rs 2450 Chandan Taparia
Housing Development Finance Corporation Ltd., incorporated in 1977, is a large-cap company (with a market capitalization of Rs 425,220.99 crore) operating in the NBFC sector. The promoters owned zero percent of the Company as of June 30, 2022, while the FIIs owned 67.75 percent and the DIIs owned 21.02 percent. Chandan's has a buy call with a price target of Rs 2450. The current market value is . it is Rs 2344.85.

Housing Development Finance Corporation Ltd., which was incorporated within 12 months of 1977, is a large cap company (with a market capitalization of Rs 425220.99 crore) operating in the NBFC sector.

The major products/income segments of Housing Development Finance Corporation Ltd. include interest, income from the sale of shares and securities, dividends, other services, fee and commission income, and rental income for the year ended March 31, 2022.

Finance For the quarter ended 06/30/2022, the Company reported Consolidated Total Revenue of Rs 23,193.32 crore, down -33.85% from the last quarter Total Revenue of Rs 35,059.75 crore and a decrease of -25.18% in total earnings for the last 12 months of the same quarter equates to earnings of Rs 30997.31 crore. The company reported after-tax internet revenue of Rs 3,388.96 crore in the latest quarter.

investment justification Price volume breaks out on the daily timeframe and moves away from its support by breaking out of its resistance zones. Promoter/FII Units The promoters owned zero percent of shares in the Company as of June 30, 2022, while the FIIs owned 67.75 percent and the DIIs owned 21.02 percent.

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Listing Details

Shares of the Company Listed on : The Calcutta Stock Exchange Limited 7, Lyons Range, Kolkata – 700 001
Stock Code / Symbol : CSEA -10029243
ISIN : INE576C01017
Registrar and Share Transfer Agents: Maheshwari Datamatics Private Limited, 6, Mangoe Lane, 2nd Floor, Kolkata - 700001

About Us

Santosh Industries Limited is a non-deposit accepting Non-Banking Financial Company (NBFC) governed by Chapter III-B of the Reserve Bank of India Act, 1934 (RBI) which, with its regulatory and supervisory framework, ensures strong and healthy functioning of NBFCs by limiting excessive risk taking practices. The Company’s principal business is dealing and making investment in shares & securities and mutual funds, granting loans and carrying on all other NBFC activities. The Company aims to support its growth over the long term and work sincerely to protect the interests of its stakeholders. SIL has earned and maintained a reputation for reliability, transparency of operations and absolute integrity. Despite the turbulence in the financial markets over the past few years, Santosh Industries Limited has adapted well to the changing market dynamics to remain consistently profitable.

Our Mission & Vision


“To conservatively build a diversified portfolio focused on long term growth by investing and trading in three self sustaining but synergic capital market products: Equity, Derivatives and IPOs, where we will use our background and skill sets to manage risk resulting in superior returns and long-term accumulation of capital.”


“To become a leading Non Banking Financial Company by making judicious Investments in loan and Investment portfolios, to enhance Company’s value and shareholders wealth.”

Our Values

Optimized Investments
Enhanced operational efficiencies
Minimized Risk
Lending based on standard interest rate model
Trust and Transparency

Board and Management

Board of Directors

Surendra Kumar Dugar, Managing Director

Mr. Surendra Kumar Dugar joined the Company on 24.04.2012 as a Director. Mr. Surendra Kumar Dugar has wide experience, more than 20 years in financial sector & has also flourished the Company’s business with his ideas and experiences and proper market strategy.

Ajit Kumar Bachhawat, Independent Director

Independent Director

Umang Lodha Independent Director

Independent Director

Madhu Dugar ,Woman Director

Woman Director

Kamal Kumar Dugar , Director


Tulsi Kumar Dugar ,Director


Rishabh Dugar , CFO


Jyoti Bhartia ,Company Secretary

Company Secretary

Investor Relations


Registered Office

Santosh Industries Limiteds

Suite No. 3A, 3rd Floor,
3A, Auckland Place,
Kolkata – 700 017

Phone:-033 22902277/22903377/22904477
Email: [email protected]

Registrars & Share Transfer Agents

Maheshwari Datamatics Private Limited

6, Mangoe Lane, 2nd Floor,
Kolkata - 700001
Telefax : 033 22482248 / 22435809 / 22484787
E-mail : [email protected]

Company Secretary & Compliance Officer

Jyoti Bhartia

Phone No:2290 2277/3377

You can also lodge your grievances with SEBI at

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