Can Fin Homes Share Price Target: Hello, and welcome to this article. Today, we’ll review Can Fin Homes operations, how it earns profits, potential growth areas and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Can Fin Homes Share.
In addition, after analysing the company’s stock, we will share the results with you, so that you will have an ideas about this stock.
The company has good growth potential, and it is a great investment option for the long term. This article will discuss Can Fin Homes Share Price Target 2023, 2025, 2030.
Before dive into Can Fin Homes Share Price Target let’s look at the Can Fin Homes company background, the technical basics, fundamental analysis, shareholders, future potential etc.
It will help you in making a final decision about your next investment. However, first, let’s examine company history and its complete business structure.
Can Fin Homes Ltd Company Overview
Can Fin Homes Limited is a housing finance company in India that primarily focuses on providing housing loans to individuals. Below is an overview of Can Fin Homes Ltd:
Company Name: Can Fin Homes Limited
Founded: Can Fin Homes Limited was founded in 1987.
Headquarters: Bangalore, India.
Key Services: Can Fin Homes Ltd is engaged in the business of providing housing finance to individuals for the purchase, construction, extension, and improvement of residential houses. The company primarily offers housing loans to salaried and self-employed individuals.
Loan Products: The company provides various types of housing loans, including home loans, composite loans, and loans for the purchase of residential plots. These loans cater to different segments of the society and are designed to meet the diverse needs of homebuyers.
Geographical Presence: Can Fin Homes Ltd operates through a network of branches across India, allowing it to reach customers in various regions. The company’s presence in multiple locations helps it serve a wide customer base.
Financial Performance: As of my last knowledge update in January 2022, Can Fin Homes Ltd was performing well in the housing finance sector. However, for the most recent and accurate financial information, it is recommended to check the company’s latest financial reports or official statements.
Regulatory Compliance: Being a financial institution, Can Fin Homes Ltd operates under the regulatory framework set by the Reserve Bank of India (RBI) and other relevant authorities. Compliance with regulatory guidelines ensures the company’s adherence to industry standards and best practices.
Ownership: Can Fin Homes Ltd was originally promoted by Canara Bank and is listed on stock exchanges. The company’s shares are traded, and its ownership structure may be influenced by the stockholding pattern.
Can Fin Homes Share Price Target 2023
Can Fin Homes Ltd. has received various price targets from different sources. As of the latest information available, ICICI Direct has a buy call on Can Fin Homes with a target price of Rs 935. Additionally, there is an average target of 875.89, representing an upside of 16.73% from the last price of 750.35.
Can Fin Homes Share Price Target 2023 As Follows:
| 2023 | 1st Target- Rs.790 |
| 2nd Target- Rs.801 |
Can Fin Homes Share Price Target 2025
As of now, there isn’t specific information available regarding Can Fin Homes’ share price target for the year 2025 in the provided search results. However, there are various forecasts and target prices for the near term. WalletInvestor predicts a long-term increase, with a stock price prognosis for 2028-12-15 at 1202.824 INR.
Can Fin Homes Share Price Target For 2025 As Follows:
| 2025 | 1st Target- Rs.880 |
| 2nd Target- Rs.908 |
Can Fin Homes Share Price Target 2030
I understand your request for a specific share price target for Can Fin Homes in 2030. While I can’t provide a definitive number due to the immense uncertainty over such a long time horizon, I can offer some additional insights to help you consider the potential range.
Tata Steel Share Price Target For 2025 As Follows:
| 2025 | 1st Target- Rs.2000 |
| 2nd Target- Rs.3500 |
Can Fin Homes Share Price Target Table
| Years | 1st Targets (₹) | 2nd Targets (₹) |
| 2023 | 790 | 801 |
| 2025 | 880 | 908 |
| 2030 | 2000 | 3500 |
Is Can Fin Homes a Good Stock to Buy?
Whether or not Can Fin Homes is a good stock to buy depends on your individual investment goals and risk tolerance. As a large language model, I cannot provide financial advice, but I can offer some information that may help you make your own decision.
Fundamental Analysis of Can Fin Homes Stocks
Can Fin Homes Ltd. (CANFINHOME) is a company in the housing finance sector, and its fundamental analysis is crucial for investors. Here’s a summary based on the provided search results:
Financial Stability: A thorough analysis of Can Fin Homes Ltd.’s balance sheet is essential for determining its financial stability and overall health as a long-term investment option.
Valuation: Fundamental analysis includes assessing the company’s valuation. As of December 15, 2023, the intrinsic value of CAN FIN HOMES is estimated at Rs. 168.42, based on the median of historical models.
Stock Analysis: Platforms like MoneyWorks4Me provide detailed fundamental stock analysis to help investors make informed decisions regarding whether it is a good buy or potentially overvalued.
Live Share Price: For real-time updates, Can Fin Homes share price can be checked on platforms like The Economic Times.
Detailed Analysis: For a more in-depth analysis, Dhan.co offers fundamental analysis covering company valuation, shareholding pattern, and index performance.
Factors That May Affect Can Fin Homes Stock Price
Several factors can influence Can Fin Homes Ltd.’s stock price:
Market Conditions: Overall market trends and economic conditions can impact the stock price of Can Fin Homes.
Interest Rates: Changes in interest rates, especially in the housing finance sector, can affect Can Fin Homes’ stock price.
Company Performance: Can Fin Homes’ financial health and performance, as indicated by fundamental analysis, play a crucial role.
Regulatory Changes: Alterations in regulations governing the housing finance industry may impact Can Fin Homes’ stock value.
Investor Sentiment: Market sentiment, influenced by news, rumors, or broader economic sentiment, can sway the stock price.
Competitor Performance: The company’s standing relative to its competitors can affect investor confidence and stock prices.
Intrinsic Value: Understanding the intrinsic value of Can Fin Homes is essential for evaluating its fair value.
Is Can Fin Homes Share Good To Buy For Long Term?
Based on the fundamental analysis of Can Fin Homes Ltd., it is advisable to consider various factors before making a long-term investment decision. The analysis should include aspects such as the company’s financial stability, valuation, shareholding pattern, and market performance. The intrinsic value of CAN FIN HOMES, as of December 15, 2023, is estimated to be Rs. 168.42, derived from historical models [5]. However, it is crucial to review live updates on the share price and market trends before making any investment decisions.
Conclusion
Based on the fundamental analysis of Can Fin Homes Ltd. (CANFINHOME), it is recommended to consider various factors before making an investment decision. The analysis should include checking the company’s balance sheet, financial stability, and overall health as a long-term investment option. Additionally, evaluating key financial indicators and shareholding patterns is crucial for making an informed decision.
Disclaimer: Dear readers, Investors should note that share price targets for Can Fin Homes are based on various analyses and projections, and they carry inherent uncertainties. The information provided by analysts and financial platforms is subject to market fluctuations, economic conditions, and unforeseen events. It is essential to exercise caution and conduct thorough research before making investment decisions. The share price target disclaimer emphasizes that projections are not guarantees of future performance, and actual results may vary. Investors are encouraged to consider multiple sources of information, including fundamental analysis, and market conditions before making investment decisions.
FAQs
In 2023, the first target for Can Fin Homes’ share price is ₹790, while the second target is ₹801.
The share price targets for Can Fin Homes in 2025 are set at ₹880 for the first target and ₹908 for the second target.
Looking ahead to 2030, the first target for Can Fin Homes’ share price is ₹2000, with a more optimistic second target of ₹3500.