Buy LIC Housing Finance Limited:

LIC Housing Finance Ltd has officially announced a consolidated sales of Rs. 4,977.36 Cr for the second quarter finished on 30-09-2020, which is 68% down from its previous quarter sales of Rs. 5,011.50 Cr and .05% down from its previous year same quarter sales of Rs. 4,979.95 Cr. The company reported net profit after tax of Rs. 789.67 Cr in the previous quarter.

Outlook:

LIC Housing Finance Ltd: Experts suggested buy call at current market price: Rs. 464.30 with a target price: Rs. 475; Stoploss: Rs. 461.

Buy Indiabulls Housing Finance Limited:

Indiabulls Housing Finance Ltd has officially announced a consolidated sales of Rs. 2,533.66 Cr for the third quarter finished on 30-09-2020, which is 1.59% up from its previous quarter sales of Rs. 2,574.59 Cr and 25.91% down from its previous year same quarter sales of Rs. 3,419.54 Cr. The company has reported a net profit after tax of Rs. 323.20 Cr in the previous quarter.

Outlook:

Indiabulls Housing Finance Ltd: Experts suggested buy call at current market price: Rs. 248.00 with a target price: Rs. 270; Stoploss: Rs. 234.

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