1. 

   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

    

   Satendra, Mar 24, 2015

   #1
2. 

   Meenakshi Razdan Administrator Staff Member Moderator

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   Mar 19, 2015

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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.

    

   Meenakshi Razdan, Mar 24, 2015

   #2

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