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LIC Housing Finance gains on reducing home loan rate

24 Jul 2020 Evaluate

LIC Housing Finance is currently trading at Rs. 274.50, up by 0.70 points or 0.26% from its previous closing of Rs. 273.80 on the BSE.

The scrip opened at Rs. 272.00 and has touched a high and low of Rs. 277.80 and Rs. 268.75 respectively. So far 160922 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 529.00 on 26-Jul-2019 and a 52 week low of Rs. 186.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 277.80 and Rs. 266.30 respectively. The current market cap of the company is Rs. 13787.39 crore.

The promoters holding in the company stood at 40.31%, while Institutions and Non-Institutions held 44.89% and 14.80% respectively.

LIC Housing Finance (LICHFL) has reduced interest rate to an all-time low of 6.90 per cent for new home loan borrowers having Cibil score of 700 and above. The rate of interest for home loans up to Rs 50 lakh starts from 6.90 per cent for borrowers with CIBIL score of 700 and above. For a similar score, the rate of interest is 7 per cent onwards for a loan above Rs 50 lakh.

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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