LIC Housing Finance Ltd
LICHSGFIN

555.80

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

555.80

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

568.20

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Buy
Reco. Price
Rs 506.20

Last updated on 23-Nov-2016

We recommend BUY on the stock due to increased proportion of high-yielding loans in loan mix and expected margin expansion. Rising proportion of high-yielding LAP (loan against property) and project loans and a decline in cost of funds to drive NIMs. The stock is trading at multiple of ~2.1x on FY18E BVPS. (Target Price- Rs 590).
Detailed View
50 DMA (.)
564.61
100 DMA (.)
552.19
200 DMA (.)
505.91
Weekly Range (.)
530.55
575.90
Monthly Range (.)
467.85
575.90
52 Weeks Range (.)
388.65
624.25
Detailed Chart