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31-Oct2012

LIC Housing Finance gains on reporting stellar Q2 numbers

LIC Housing Finance is currently trading at Rs. 244.30, up by 2.00 points or 0.83% from its previous closing of Rs. 242.30 on the BSE.

The scrip opened at Rs. 242.30 and has touched a high and low of Rs. 246.40 and Rs. 238.60 respectively. So far 851494 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 290.00 on 18-May-2012 and a 52 week low of Rs. 208.10 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 256.65 and Rs. 238.60 respectively. The current market cap of the company is Rs. 12298.64 crore.

The promoters holding in the company stood at 40.31% while Institutions and Non-Institutions held 41.47% and 18.17% respectively.

LIC Housing Finance has reported results for second quarter ended September 30, 2012.

The company has reported 147.04% rise in its net profit at Rs 243.06 crore for the quarter ended September 30, 2012 as compared to Rs 98.39 crore for the same quarter in the previous year. Total income of the company has increased by 22.87% at Rs 1861.87 crore for quarter under review as compared to Rs 1515.37 crore for the quarter ended September 30, 2011.

LIC Housing Finance is the second largest housing finance player in India. It has one of the widest networks of over 205 offices across the country and representative offices at Dubai & Kuwait.


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