DHFL Share Price History, Future Price Forecast 5 year TP
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DHFL Share price History Introduction
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Knowing what has happened in the past surely helps to determine the future Price of any Stock. That’s why here we are going to present DHFL Share Price History and not only this we will analyze it to know if the stock is worth investing or not.?
With the Share Price History and analysis, you will get Buy or Sell advice also.
Today when you look at DHFL share price which this surely gives a very mixed feeling about its buy/sell decision. Share which was once trading above Rs. 600 has now traded in two digits. Huge fall right.?
But looking at the rising population in India, This housing finance firm has surely the best chance of growing with higher-than-expected pace. We have huge housing needs and being one of the biggest housing finance firms, DHFL has huge potential to perform better in the future. But then why is it falling.?
Why Dewan Housing Finance limited share price falling.?
This one is another big question before Investors that needs to be answered. So, from DHFL Share price history to its future share price or whether you should buy or not.? Everything we will be answering here.
Stay tight and grab your coffee Mug this is going to be one very thorough Research but very fruitful that for sure.
DHFL Share Price Analysis
Future lies in the present, That’s why we are going to analyze the present situation of DHFL Share and then we will gradually move to the Next section which is ‘DHFL Share Price History’.
Ok, so starting with its present price and working. DHFL is busy in formulating its Resolution Plan.
Expert and Analysts are hoping the results of this Resolution plan will pull the firm out of the liquidity crunch and debt-laden to debt-ridden.
Dewan Housing Finance Limited Share Fundamental Analysis
DHFL Fundamental Analysis gets important when you are figure out the future price. DHFL was established by Rajesh Kumar Wadhawan on 11 April 1984. It has long working experience, and also the firm has seen multiple market cycles which would help it to tackle the unfavorable market conditions.
DHFL is one Mumbai based deposit-taking housing finance company and branches across India. DHFL is among the top 50 housing finance company in India, which makes it all more attractive buy.
Talking about acquisitions, in 2010, DHFL acquired Deutsche Postbank Home Finance unit for around Rs. 1080 crore. In 2013, It acquired around 74% stake in DLF Pramerica Life Insurance Company Ltd., which is considered to be one of its largest and biggest moves.
This is enough for you to know is the fundamental analysis. DHFL is one big firm and it was among the best also. So, If you look at its fundamental data, DHFL surely looks one great share buy.
Let’s see what’s there in its Technical analysis.
DHFL Share Technical Analysis
DHFL Share technical analysis is as important as its Share Price history to know if This one is buying call or not.
Though the falling share price clearly shows that it’s one of the most dangerous falling knives, catching which can harm you to your nerves. But still, let’s see its different aspects also.
So starting from It’s Market cap, DHFL’s Market cap is of around Rs. 1493 crore, which is around 90% short from its earlier M-cap. It has fallen multifold making its Investors suffer.
It’s Industry PE ratio stands around 24 and standalone PE is 1.43, way shorter than what it needs to be. Price to earnings ratio is the comparison of a company’s share price to its earnings. Ideal PE ratio ranges between 18-32.
Talking about Its MACD, which is Moving average convergence and Divergence and shows emerging trends bullish or bearish. Our main motive is to know where the trend is going Right.
DHFL’s MACD value is -0.310, showing strong sell sign.
Next factor is ADX, Average Directional index, this also is used to determine the trending price. Its always better to examine two factors for the correct trend.
DHFL’s Adx value stands around 39.015, too high. This also shows a strong sign of sell.
Some other factors which we have examined to determine its trend and whether you should buy or not are:-
RSI:- Relative Strength Index which is one very important factor in determining the speed and change of price movement. This shows a value between zero (0) and a hundred (100). Above 70 it is considered overbought and below 30 it is considered oversold.
DHFL RSI stands around 45.926 which is NEUTRAL.
CCI:- It shows the cyclical trends. Earlier it was sued only in commodities but due to its rising popularity now traders use this into equities and currencies also.
DHFL’s CCI is not very satisfying and shows strongly sell sign.
ATR:- This is known as the Average True Range (ATR). ATR is used to measure the market’s volatility so Investors can move their positions accordingly. Here ATR value stands around 7.2.
ROC:– This is known as Rate of Change, it shows the percentage price movement/change from one point to another. It is also referred to as simply momentum and is used as the pure momentum oscillator software.
ROC for DHFL Share price stands around -31.58.
DHFL Share price History
Now we have enough data to move forward to DHFL Share Price History. Let’s see how it has performed in the last 5 years so we can analyze how it will perform in the coming days.
Share Price History of Last 5 years
Dhfl Share Price forecasting
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This is a little tough to predict dhfl share future price from its Historical Share prices but still, I have tried to give you an overview of what can happen if you stay in this.
We all know the present problems of housing colonies and population growth, now to fulfill the needs this DHFL might be one strong firm. But only if, it can fulfill its Investors requirements.
It has already lost a huge wealth of Investors and now to gain their faith in the company it has to implement its resolution plan strictly.
Experts are giving DHFL Share target price of Rs. 520 for the next two years. This one is one strong share not doubt in that, It just needs to implement its resolution plan as per the investor’s needs.
The firm has to keep the investors and Market sentiments before its decision-making committee.
DHFL Share price first target of this year is Rs. 130 and first down Target is Rs. 33. Decide as per your discretion where to go.
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Though the DHFL Stock is one very interesting buy not only for this year but for the long term as well but not for the retail Investors.
It is pretty easy to conclude that DHFL Share investment is one of the worst decision you can take in this market. It has a huge debt to settle, resolution plan is not working as planned though the promoters are trying hard to make it work, Investors/traders are feeling deceived seeing its unsettled loans. Overall the firm is not in the list of buy list for retail investors.
If you have already invested in DHFL Shares, I would say square off your positions as soon as you can. But Only If you aren’t making a huge loss, otherwise it’s better to wait then to lose.
Dhfl has many aspects to explore before we can reach on some specific conclusion, that’s why in this DHFL share price History article we won’t be going to deep. If you still wanna read DHFL Share price Analysis in deep please click here.
So this was all in this DHFL Share price History article, I hope now you have a better understanding of its historical prices and from then you can easily conclude where it is headed.
I will give DHFL Share ‘Strong Sell’ Ratings.
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