GRUH Finance Ltd. Delivered 2157% Return in Last 10 Years, Says Moneycontrol Analysis
AHMEDABAD, India, December 29, 2017 /PRNewswire/ --
Moneycontrol, one of India's leading financial information sources, undertook a comprehensive analysis of all BSE universe stocks and their returns to investors. Various parameters like sales, profit and operating profit, in the last ten fiscal years, were analysed in this survey. GRUH Finance was ranked as the third best organization in this elite list delivering phenomenal price returns of 2157% to its investors.
Sharing more details on this fact, Mr. Sudhin Choksey, MD, Gruh Finance said, "The thrust being given by the Government of India by offering incentives on both demand and supply side; the opportunity for growth in housing and housing finance could be immense if the policy of Prime Minister Awas Yojna -PMAY is implemented with priority and speed by various states in the country. GRUH Finance has a niche in the income segments where the shortage of housing units is maximum."
About GRUH Finance Ltd.:
GRUH Finance is one of the leading Housing Finance Companies of India and a subsidiary of HDFC Ltd. GRUH is registered with National Housing Bank and has a retail network of 192 branches spread across 11 states of India. GRUH has distinguished itself by extending more than 50% loans to the rural areas of the country and by offering loan to self-employed individuals having no formal income proofs.
For more information, please visit: http://www.gruh.com
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Pritesh Trivedi
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