India Shelter Finance Corporation Stock Reaches All-Time High, Reflecting Strong Market Position

India Shelter Finance Corporation has made headlines today as its stock price reached an all-time high of Rs. 984.95. This midcap housing finance company has shown impressive performance metrics, reflecting its strong market position. Despite a slight decline of 0.30% today, the stock has demonstrated resilience with a 10.67% increase over the past month and a remarkable 31.27% rise over the last year, significantly outperforming the broader market. The company's fundamentals are robust, with a compound annual growth rate (CAGR) of 43.00% in operating profits and a 37.50% annual growth rate in net sales. Recent quarterly results have been particularly strong, with net sales hitting a record Rs. 327.29 crore and operating profit reaching Rs. 244.04 crore. Additionally, India Shelter Finance boasts a healthy return on equity (ROE) of 14 and a favorable price-to-book ratio of 3.9. With high institutional holdings at 25.46%, the company is recognized among the top 1% of stocks rated by MarketsMojo, underscoring its solid long-term growth potential and market-beating performance.