Promoters held 45.24 per cent stake in the company as of 31-Dec-2021, while FIIs owned 23.46 per cent, DIIs 14.92 per cent.

Centrum Broking has buy call on LIC Housing Finance with a target price of Rs 575. The current market price of LIC Housing Finance Ltd. is Rs 379.9. Time period given by analyst is one year 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 20833.64 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 31-12-2021, the company reported a Consolidated Total Income of Rs 5078.68 Crore, up 7.53 % from last quarter Total Income of Rs 4722.93 Crore and up 3.09 % from last year same quarter Total Income of Rs 4926.65 Crore. Company reported net profit after tax of Rs 771.32 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 45.24 per cent stake in the company as of 31-Dec-2021, while FIIs owned 23.46 per cent, DIIs 14.92 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Buy LIC Housing Finance, target price Rs 575: Centrum Broking

LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20833.64 Crore) operating in NBFC sector.

Related

Read More News on