Lic Housing Finance Ltd up by 7.81%: Traders Market Update | Espresso

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Espresso Shot of the Day - Lic Housing Finance Ltd up by 7.81 percent

February 15, 2022
Espresso Shot of the Day - Lic Housing Finance Ltd up by 7.81 percent

LIC HOUSING FINANCE LTD 387.05  (+7.81%) BSE – INE115A01026 | Feb 15, 2022


Incorporated in 1989, LIC Housing Finance Ltd (LICHFL) is one of the largest Housing Finance Companies in India with a key objective of providing long-term finance to individuals for the purchase or construction of house/flat for residential purposes in India. LICHFL also provides finance on existing property for business/ personal needs and gives loans to professionals for purchase/construction of Clinics/Nursing Homes/ Diagnostic Centers/ Office Space and for purchase of equipment. The Company also provides finance to builders and developers engaged in the business of construction of houses or flats for residential purpose and to be sold by them. Their vision is to be the best Housing Finance Company in the country. Their mission is to provide secured housing finance at an affordable cost, maximizing shareholders’ value with higher customer sensitivity.


Recent Drivers

  • On Feb 12, 2022, Sushma group raised Rs.100 crores from Motilal Oswal, which will be used to give exit to existing lender LIC housing and the remaining will be used to complete the construction of the project.,
  • On Feb 1, 2022, the company reported Net Sales of Rs.5,064.27 crores in December 2021, up 3.12% from Rs.4, 911.03 crores in December 2020.
  • On Feb 1, 2022, the company reported a Quarterly Net Profit of Rs.771.24 crores in December 2021, up 6.69% from Rs.722.87 crores in December 2020.
  • On Dec 4, 2021, LIC Housing Finance Ltd announced the inauguration of its remodelled back office in Guwahati, aimed at bringing down the processing time for home loan aspirants besides improving customer convenience.
(Sources:,  Business standard, Moneycontrol, Economic Times)


Technical Force*

  • S&P BSE 200 month till date gain up by -0.36%
  • Spurt in Volume by more than 1.10 times compare to previous vol. 3 months avg. volume: 183,626
  • Quantity traded: 5, 64,432 | Deliverable quantity: 1, 63,516 (28.97%),
  • Stock price has jumped more than 15% from one-year-low level: 329.70 (Jan 27, 2021)
  • Daily RSI (14) is in Oversold territory today
  • 52-week-high: 542.35 | 52-week-low: 329.70


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

697.15

619.75

494.65

417.25

292.15

214.75

89.65

     -

Fibonacci Pivot

619.75

542.40

494.61

463.83

417.25

370.68

339.90

292.11

214.75


Today’s Close

387.05

SMA

BSE

10 DAY

390.59

20 DAY

377.80

50 DAY

375.84

200 DAY

419.13


Some Key Ratios (Source: BSE)

Market Cap:  21,290.19 Crores

PE: 26.35

OPM%: 94.25

ROE%: 3.47

Promoters holding%: 45.24

Prev. Close: 359.00


*Chart and Technical Force data from the Binge desktop app
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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.