HFCs, Realty Stocks to Shine
sions, show ETIG data.
During the period, shares of HDFC, Dewan Housing Finance, and Satin Creditcare have appreciated by 2.2-16.2%.
“Speculative bets have gone up seeking short-term gains in real estate stocks, while some investors are sitting on mark-to-market profits in HFC shares,” said G C h o k k a l i n g a m, f o u n d e r, Equinomics Research & Advisory. “The government is promoting affordable housing, where all real estate companies will rush to grab market share.”