CMP: 800

Housing Development Finance Corporation Ltd. HDFC provides housing finance in India. The Company provides long-term housing loans to low and middle income individuals, as well as to corporations. HDFC also provides construction finance to real estate developers, besides providing lease financing facilities to companies and development authorities for infrastructure and other assets.

HDFC is a safe large-cap trading at a P/E of nearly 27 with dividend yields of well over 1% in the last 12 months. Revenues have risen from 8,176 Crores to 17,333 Crores in the last 5 years. Profits have risen from 2,436 Crores to 4,122 Crores in the last 5 years. Profit margins have dipped from 30% to 24% over the last 5 years. Buy and hold for long term gains.