SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

LIC Housing Finance moves up on the bourses

12 Dec 2011 Evaluate

LIC Housing Finance is currently trading at Rs. 229.20, up by 0.20 points or 0.09% from its previous closing of Rs. 229.00 on the BSE.

The scrip opened at Rs. 230.10 and has touched a high and low of Rs. 232.50 and Rs. 228.45 respectively. So far 66154 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 245.00 on 01-Jul-2011 and a 52 week low of Rs. 150.40 on 20-Jan-2011.

Last one week high and low of the scrip stood at Rs. 240.20 and Rs. 211.55 respectively. The current market cap of the company is Rs. 10869.78 crore.

The promoters holding in the company stood at 36.54% while Institutions and Non-Institutions held 46.78% and 16.68% respectively.

LIC Housing Finance will launch a completely fixed interest rate home loan product next month. The company will offer this fix rate home loan after the Reserve Bank of India's policy review on December 16, 2011.

All the existing home loan products are combination products with varying periods of fixed and floating rates but this new product will be first of its kind in the home-loan market. LIC has also introduced a new product - New Freedom - with a floating rate of interest at 10.40 per cent.

Further, the company is likely to launch the proposed Rs 500-crore real estate venture capital fund in January with an initial fund size of Rs 200 crore. It has already tied-up for this amount and the first tranche will be launched next month. 

Launched in 1989 as per Companies Act, 1956 LIC Housing Finance has grown to be one of the largest lender in home-finance market.

LIC Housing Finance Share Price

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

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×