LIC Housing share price: Share price of LIC Housing jumps as Sensex gains 713.41 points

The share price of Finance Ltd. gained 1.07 per cent to Rs 395.6 at 11:17AM (IST) in Monday’s trade. The scrip has hit a high of Rs 397.2 and low of Rs 392.5 so far during the session. The stock had closed at Rs 391.4 in the previous session.

The counter has had a total traded volume of 35600 shares so far with a value of Rs 1.4 crore on the NSE. It traded at a price-to-earnings multiple of 7.25 and a price-to-book ratio of 0.65.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 50.39 per cent during the past one year, while the 30-share index advanced 76.11 per cent during the same period.

LIC Housing Finance Ltd. belongs to the NBFC – Housing industry.


Promotor/FII Holding

Promoters held 40.31 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 28.2 per cent and 9.27 per cent, respectively.

Key Financials

The firm reported consolidated net sales of Rs 4926.65 crore for the quarter ended 31-Dec-2020, down 1.22 per cent from the previous quarter’s Rs 4987.64 crore and down 1.59 per cent from the year-ago quarter’s Rs 5006.12 crore.

Profit for the latest quarter stood at Rs 722.87 crore, up 20.03 per cent from the same quarter a year ago.

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