HFCs, Re­alty Stocks to Shine

The Economic Times - - Smart -

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.”

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.