The return on equity (ROE) for the stock stood at 13.15 per cent. Traded volume on the counter stood at 11:17AM shares and turnover at Rs 2.13 crore around that time. The stock of LIC Housing Finance Ltd. quoted a 52-week high price of Rs 487.5 and 52-week low prices of Rs 219.35, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 1.33.
Promotor/FII Holding
Promoters held 40.31 per cent stake in the company as of 31-Mar-2021, while FIIs held 28.2 per cent and domestic institutional investors had 9.27 per cent.
Key Financials
The company reported consolidated sales of Rs 4926.65 crore for the quarter ended 31-Dec-2020, down 1.22 per cent from previous quarter’s Rs 4987.64 crore and down 1.59 per cent from the year-ago quarter’s Rs 5006.12 crore. Net profit after tax for the latest quarter stood at Rs 722.87 crore, up 20.03 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.
It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
