Home buyers, this is the company you might want to get your Home Loan from!

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Home buyers, this is the company you might want to get your Home Loan from!
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Shares of CanFin Homes, a public sector home finance company majority controlled by Canara Bank, surged more than 4 percent to a record high after the company announced a stellar set of earnings on the back of higher disbursals.

Can Fin Homes, which recently concluded a successful Rights Offering, said its first quarter Net Profit jumped 69 percent to 32.1 crore rupees compared with 19 crore rupees in the year ago quarter.

Total Income from Operations during April-June surged 38 percent to `242 crores versus 176 crore rupees in the previous year period.

Can Fin Homes leapt 4.7 percent, or 38 rupees, to 842 rupees on the National Stock Exchange where 2.58 lakh shares changed hands compared with a 5-day average of 54,000 shares.

Can Fin Homes' market capitalisation has appreciated 75 percent to 2,135 crore rupees so far in 2015.
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(Image credits: just123)