A few years after he warned of a real estate bubble because of inflated housing prices Deepak Parekh says, government and regulators should look at allowing banks and housing finance companies to fund land transactions.
HDFC Chairman, Deepak Parekh has made a strong case for a single-window clearance mechanism to facilitate approvals for affordable housing projects. A few years after he warned of a real estate bubble because of inflated housing prices Deepak Parekh says, government and regulators should look at allowing banks and housing finance companies to fund land transactions. Sajeet Manghat and Manasvi Ghelani detail the highlights of Parekh's pitch.
HDFC stock price
On June 16, 2014, Housing Development Finance Corporation closed at Rs 962.85, down Rs 14.5, or 1.48 percent. The 52-week high of the share was Rs 983.75 and the 52-week low was Rs 632.20.
The company's trailing 12-month (TTM) EPS was at Rs 34.75 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 27.71. The latest book value of the company is Rs 178.58 per share. At current value, the price-to-book value of the company is 5.39.
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