Gruh Finance

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Satendra, Mar 24, 2015.

  1. Satendra

    Satendra New Member

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    While housing finance cos are highly recommended, Gruh Fin seems to be in a downward /sideways spiral for many months now. Any views on current situation and way forward? Thks
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    I suspect it is the valuation that is inhibiting buyers. The stock is quoting at a P/E of 45x and a P/BV of 16x. Investors are probably flocking to a number of other players like Repco, Dewan, IndiaBulls, CanFin etc, where the valuations are much more reasonable.
     
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