V Raghu, executive director, Repco Home Finance says the company will pass on lower rate benefits to its customers if the central bank decides to lower rates anytime soon.
V Raghu, executive director, Repco Home Finance says the financing company will pass on lower rate benefits to its customers if the central bank decides to lower rates anytime soon.
In an interview to CNBC-TV18, Raghu says the company is eyeing to grow its loan book by 25-30 percent with net interest margins (NIMs) between 3 to 5 percent.
Transcript to follow soon.
Repco Home stock price
On December 30, 2014, at 11:14 hrs Repco Home Finance was quoting at Rs 645.00, up Rs 6.05, or 0.95 percent. The 52-week high of the share was Rs 663.45 and the 52-week low was Rs 301.05.
The company's trailing 12-month (TTM) EPS was at Rs 18.64 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 34.6. The latest book value of the company is Rs 118.96 per share. At current value, the price-to-book value of the company is 5.42.
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