Repco Home Finance Ltd. is one of the leading housing finance company registered with National housing bank. The main products of the company are different category of home & plot loans such as dream home loan, home makeover loan NRI Housing loan & commercial real estate loan etc. Repco Home Finance CMP is 209.
Negatives aspects of the company are declining...
Fundamentally undervalued as price is trading at 60% of its book value and it's PE is 1/3rd of the sector's PE.
With an increase in REPO rates, borrowings are getting hit but financing margin is improving.
After a long downtrend of around 3 years in a bearish impulsive move, now price is showing bullish corrective move which may end at 540 or 715...
