LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 19004.68 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.
Investment Rationale
After revisiting January’s low, since the past few days the stock is holding ground above Rs 335 levels. Sustenance at current levels could mean that the stock is due for mean reversion and mild upside is possible.
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.
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