The counter had a total traded volume of 11:40AM shares so far with a turnover of Rs 19.32 crore on BSE. The stock traded at a price-to-earnings multiple of 9.6 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 is the measure of the price that investors are ready to pay even for no growth in the business.
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 16.82 per cent, respectively.
Key Financials
The firm reported consolidated 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.
Its profit for the latest quarter stood at Rs 722.87 crore, up 20.03 per cent from the same quarter a year ago.
