GIC Housing Fianance : Update Reccommended at 160 has touched 195 Hold for long term target of 300 in 1 year

GIC housing has delivered good results for half year ending Sept-2014 .Half year EPS was Rs 9.5 full year EPS is expected around 22-23 in a short term it may touch 220-230 and going forward it should give EPS of 25-28 next year-2015-16. Available at low PE multiple.

An excellent long term portfolio pick and must for any portfolio for assured returns and good dividend.Technically and fundamentally ready to move up in new uncharted territory....real multi bagger in making

Continue HOLD and sleep over it next trigger for this stock is reduction in rate of interest by RBI as and when it happens