LIC Housing Finance Ltd. stock price up 0.12 per cent as Sensex slides

Shares of Ltd. rose 0.12 per cent to Rs 417.05 at 11:18AM hours (IST) on Monday. Earlier in the day, the stock saw a start to the session.

As per data available on BSE, total traded quantity on the counter stood at 93,725 shares with a turnover of Rs 3.91 crore till 11:18AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 7.56, while the price-to-book value ratio stood at 0.65.

Return on equity (ROE) was at 13.15 per cent, according to exchange data. The stock hit an intraday high of Rs 420.65 and a low of Rs 413.15 during the session and quoted a 52-week high price of Rs 487.5 and a 52-week low of Rs 186.0.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.33.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 334.26 on March 22, while the 50-DMA was at Rs 434.14. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 44.38. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2020, promoters held 40.31 per cent stake in the company, while FIIs held 29.26 per cent and domestic institutional investors had 9.62 per cent.



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