Is it time to have a re-look at housing finance companies
Dear Sir, Over the last few months the stock prices of Housing Finance companies (HFCs) have corrected a lot with some of the stocks down more than 40-60%. Even one of our recommendations Can Fin Homes (NSE: CANFINHOME) is down more than 50%; however the beauty of investing in stocks is that despite the stock being down more than 50% from its all time high, it is still up ~800% in 5 years from our recommendation price of Rs 31.…