We are pleased to inform you that our Value Pick stock of Oct 2016 - GIC Housing Finance Ltd (BSE Code: 511676, NSE Code: GICHSGFIN) which was released on 14th Nov'16 is giving as on date returns of 52% to our Value Picks members in period of 5 months. Our team suggested Buy on GIC Housing at price of Rs. 291.45 on 14 Nov'16 with a target price of Rs. 425.
GIC Housing Finance has already achieved our target price, we suggest our members to continue to hold it. Stock made its 52 week high of Rs. 450.90 today and closed at Rs. 442.15 giving absolute returns of 52% to our Value Picks members in period of 5 months.
Below is the summary of GIC Housing Finance Ltd shared by our team under Value Pick stock of Oct'16 released on 14th Nov 2016.
Note: This report is shared only for the purpose of information and not an investment advice. Kindly carry out your own due diligence in case of investment in GIC Housing Finance Ltd.
- 60% at current market price of 291.45
- 40% at price range of 240-265 (in case of correction in stock price in near term)
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