Housing finance

[Stock notes] – Repco Home Finance…marking a turnaround?

Hello Sir, Hope you are doing well. Remember, in 2017-18, housing finance stocks were all the rage. Repco Home Finance too was quite famous then and was frequently quoted about on various business channels. However, the stock peaked out around Rs 900 in June 2017 and went as low as 90 in May 2020. Since then, the stock has recovered to around current levels of 375 and the business is also showing signs of turnaround. Mr. K Swaminathan took over the…

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