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Saral Gyan 15% @ 90 Days - May 2014

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  • 1. BUY TO SELL STOCKS FOR SHORT TERM GAINS 18th May 2014 GIC HOUSING FINANCE BUY POTENTIAL UPSIDE: 16.7% CURRENT MARKET PRICE: 131.15 TARGET PRICE: 153.00 BSE Code 511676 Market Cap (Crores) 704.91 NSE Code GICHSGFIN P/E 7.23 Book Value 113.36 EPS 18.11 Face Value 10 Dividend Yield % 4.58 STOCK RECOMMENDATION
  • 2. 15% @ 90 DAYS – MAY 2014 - 2 - SARAL GYAN CAPITAL SERVICES Comparative Chart (Last 1 Year) GIC Housing Finance & Nifty: Nifty: 17% GIC Housing Finance: 12% Stock Resistance and Support: 1st Resistance – 142 1st Support – 122 2nd Resistance – 150 2nd Support – 115
  • 3. 15% @ 90 DAYS – MAY 2014 - 3 - SARAL GYAN CAPITAL SERVICES Financials at a Glance: Quarterly Results of GIC Housing Finance (Rs. In Millions) Particulars Mar 2014 Dec 2013 Sep 2013 Jun 2013 Audited / UnAudited UA UA UA UA Net Sales 1640.90 1584.90 1544.80 1478.60 Total Expenditure 197.70 167.10 173.90 164.90 PBIDT (Excl OI) 1443.20 1417.80 1370.90 1313.70 Other Income 0 0 0 0 Operating Profit 1443.20 1417.80 1370.90 1313.70 Interest 1095.90 1088.60 1029.80 978.20 Exceptional Items 0 0 0 0 PBDT 347.30 329.20 341.10 335.50 Depreciation 5.40 5.10 5.10 4.90 Profit Before Tax 341.90 324.10 336.00 330.60 Tax 92.90 87.70 88.90 87.60 Provisions and contingencies 0 0 0 0 Profit After Tax 249.00 236.40 247.10 243.00 Extraordinary Items 0 0 0 0 Prior Period Expenses 0 0 0 0 Other Adjustments 0 0 0 0 Net Profit 249.00 236.40 247.10 243.00 Equity Capital 538.50 538.50 538.50 538.50 Face Value (IN RS) 10 10 10 10 Reserves Calculated EPS 4.62 4.39 4.59 4.51 Calculated EPS (Annualised) 18.50 17.56 18.35 18.05 No of Public Share Holdings 31604240.00 31604240.00 31604240.00 31591740.00 % of Public Share Holdings 58.69 58.69 58.69 58.67
  • 4. 15% @ 90 DAYS – MAY 2014 - 4 - SARAL GYAN CAPITAL SERVICES Basis of Recommendation: i) Technical Analysis Disclaimer: Important Notice: Saral Gyan Capital Services is an Independent Equity Research Company. © SARAL GYAN CAPITAL SERVICES This Service is provided on an "As Is" basis by saral gyan capital services. Saral gyan capital services and its affiliates disclaim any warranty of any kind, imputed by the laws of any jurisdiction, whether express or implied, as to any matter whatsoever relating to the Service, including without limitation the implied warranties of merchantability, fitness for a particular purpose. Neither saral gyan capital services nor its affiliates will be responsible for any loss or liability incurred to the user as a consequence of his or any other person on his behalf taking any investment decisions based on the above recommendation. Use of the Service is at any persons, including a Customer's, own risk. The investments discussed or recommended through this service may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advisors as they believe necessary. Information herein is believed to be reliable but saral gyan capital services and its affiliates do not warrant its completeness or accuracy. The service should not be construed to be an advertisement for solicitation for buying or selling of any securities.

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