Top Three Shares That Grow More than 50 percent in a Year
Repco Home Finance.
The Economic Times states that following shares will grow by more than 50 percent in a year as per the opinion of experts.
The current trading price of Repco Home Finance Ltd. is INR 436.20 in BSE. According to Karvy experts, the share price is expected to be INR 548 within a year. The profits of RHFL are expected to grow by 30-35 percent primarily due to lower NPA’s and its low cost operating model. It is expected to disbursements and loan book to grow at a robust pace in the coming years which is probably driven by expansion in branch network due to which the company is expected to sustain the 25-30 per cent growth trajectory for the next two years.
ITD Cementation Ltd
The current trading price of ITD Cementation India Ltd. is INR 393.95 in BSE. According to Dolat Capital experts, the anticipated share price is INR 540 within a year. ITD Cementation or ITD is a mid-size EPC player. The company has improved in terms of its profitability and succeeded in controlling costs in the last few months. It focuses on improving working capital managementand reducing losses by solving the issues on finance costs and project execution costs.
Hitachi Home and Life Solutions
The current trading price of Hitachi Home and Life Solutions is INR 473 in BSE. According to SBICAPSecurities, the company’s share price is expected to reach to INR 616 within a year.
Hitachi Home and Life Solutions India Ltd is at an inflexion point. The company has taken many steps to improve its operational efficiency, reduce raw material costs, their lead time and other procurement issues and working capital cycle.