Gruh Finance Limited A Multibagger for Long Term

Gruh Finance Limited

NSE Code: GRUH

BSE Code:511288

This is Company Floated By Hosuing Development Finance Corporation Limited which holds 61.36% Shares Currently.
Current market Price NSE : Rs 238.70
Financial results
Sales have Decreased in March Quarter 2010 at 69.83 Crores as Compared to 83.57 Crores March 2009 Quarter Still Net Profit is higher at 32.80 Crores as Compared to Rs 22.49 Crores YOY

Total EPS For last 4 Quarters is Rs 19.88
PE at CMP is 12
Technical Chart For last 1 year

Latest Shareholding pattern :

Sr. No	Name of the shareholder	Number of shares	Shares as a percentage of total number of shares {i.e., Grand Total (A)+(B)+ (C) indicated in Statement at para (I)(a) above}
1	Ward Ferry Managenment Limited	417000	1.2
2	Acacia Institutional Partners, Lp	467200	1.35
3	Royal Bank Of Scotland	500139	1.44
4	Dsp Blackrock Equity Fund	510231	1.47
5	Dsp Blackrock Small And Mid Cap Fund	544611	1.57
6	Dr Sanjeev Arora	677450	1.95
7	Acacia Partners , Lp	1103775	3.18
TOTAL		4220406	12.16

Verdict :Buy in Any Correction Near 200 Levels