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LIC Housing Finance surges on reporting 19% rise in Q3 net profit

16 Jan 2017 Evaluate

LIC Housing Finance is currently trading at Rs. 537.45, up by 7.00 points or 1.32 % from its previous closing of Rs. 530.45 on the BSE.

The scrip opened at Rs. 534.40 and has touched a high and low of Rs. 541.50 and Rs. 531.00 respectively. So far 424371 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 624.00 on 20-Oct-2016 and a 52 week low of Rs. 389.00 on 25-Feb-2016.

Last one week high and low of the scrip stood at Rs. 541.50 and Rs. 518.75 respectively. The current market cap of the company is Rs. 27118.07 crore.

The promoters holding in the company stood at 40.31%, while Institutions and Non-Institutions held 45.83% and 13.86% respectively.

LIC Housing Finance reported 19.18% rise in its net profit at Rs 499.26 crore for the quarter ended December 31, 2016 as compared to Rs 418.90 crore for the same quarter in the previous year. Total income of the company increased by 12.42% at Rs 3548.72 crore for Q3FY17 as compared Rs 3156.70 crore for the corresponding quarter previous year. 

LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.

 

LIC Housing Finance Share Price

540.05 5.20 (0.97%)
17-Apr-2026 16:59 View Price Chart
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