Time period given by analyst is Intra Day when LIC Housing Finance Ltd. price can reach defined target.
LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 23803.98 Crore) operating in NBFC sector.
LIC Housing Finance Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income and Income From Financial Services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 4722.93 Crore, down -2.96 % from last quarter Total Income of Rs 4867.22 Crore and down -5.31 % from last year same quarter Total Income of Rs 4987.64 Crore. Company reported net profit after tax of Rs 249.86 Crore in latest quarter.
Investment Rationale
After a few days of consolidation, the market bulls regained momentum on the upside. A positive follow-up is expected to unlock upside potential.
Promoter/FII Holdings
Promoters held 45.24 per cent stake in the company as of 30-Sep-2021, while FIIs owned 24.07 per cent, DIIs 14.96 per cent.
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