Target Price:-Rs241 CM Price:-Rs169.00 Strong loan growth to continue: Dewan Housing Finance (DHFL) has been among the fastest growing housing finance companies in the past five years. Its loan book and disbursements registered a CAGR of 39% and 37%, respectively (well above peers) over FY04-09. In 1HFY10, loans and disbursements grew 50% and 78%...
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Buy Dewan Housing Finance Corporation Ltd.
Buy Bartronics India Ltd.
Target Price: Rs225 CM Price: Rs142.30 Control on costs boosts margins; Buy Net up 121%% yoy. Bartronics’ 1QFY10 net profit jumped 121% yoy to Rs352m due to margin expansion and mark-to-market forex gain on the FCCBs. Given its robust order book, we retain our target price of Rs225 and Buy rating. Guidance upheld. Bartronics...