Securities has a call to buy on BF Investment with a target price of Rs 332. The current market price of . is Rs 310.5.

BF Investment Ltd., incorporated in 2009, is a small capitalization company (having a market capitalization of Rs 1172.03 Crore) operating in the holding company sector.

ltd. The main income products/segments include dividend income, income from the sale of stocks and securities and interest received for the year ending March 31, 2021.

finance

For the quarter ended 30-06-2022, the company reported consolidated total revenue of Rs 4.49 Crore, up 109.67% from last quarter, total revenue of Rs 2.14 Crore and up down -12.79% compared to the same quarter last year. Total revenue of Rs 5.14 Crore. The company reported a net profit after tax of Rs -7.96 Crore last quarter.

Investment rationale
Volume started to rise during the upside breakout in price and the weekly RSI is showing a positive indication


Promoter/Fii Holdings
The promoters held 74.13% of the company’s capital as of June 30, 2022, while the FIIs held 1.17% and the DIIs 0.44%.

(Disclaimer: The recommendations given in this section or any report attached hereto are authored by an external party. The views expressed are those of the respective authors/entities. These do not represent the views of The Economic Times ( ET).ET does not warrant, for, endorse any of its content and hereby disclaims all warranties, express or implied, relating thereto. Please consult your financial adviser and seek independent advice.