India's Can Fin Homes up on Q4 profit rise

Can Fin Homes

30/04/2024 05:06

** Shares of Can Fin Homes  CNFH.NS  rise 4.3% to 778.65
rupees with trading vol nearly 2x the 30-day avg
    ** Housing finance co's March-qtr net profit rose 26%,
helped by healthy disbursements
    ** Avg rating of 16 analysts on CNFH is "buy"; median PT is
900 rupees - LSEG data
    ** CNFH lost 2.8% during March for fourth straight month of
losses
    ** Stock had gained 45% in 2023 for best yearly gains since
2017
 
 ($1 = 83.4775 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))