HomeFinanceLIC Housing stocks: Buy LIC Housing Finance, target price Rs 470: JM...

LIC Housing stocks: Buy LIC Housing Finance, target price Rs 470: JM Financial

has buy call on with a target price of Rs 470. The current market price of LIC Housing Finance is Rs 368.15.

LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20253.32 Crore) operating in NBFC sector.

LIC Housing Finance Ltd. key Products/Revenue Segments include Interest, Income From Financial Services and Fees & Commission Income for the year ending 31-Mar-2022.

Financials

For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 5101.40 Crore, down -3.79 % from last quarter Total Income of Rs 5302.50 Crore and up 8.01 % from last year same quarter Total Income of Rs 4722.93 Crore. Company reported net profit after tax of Rs 311.44 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 45.24 per cent stake in the company as of 30-Jun-2022, while FIIs owned 20.67 per cent, DIIs 19.21 per cent.

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