Buy LIC Housing Finance, target Rs 547: Pritesh Mehta

Pritesh Mehta of IIFL has a buy call on LIC Housing Finance with a target price of Rs 547.

The current market price of LIC Housing Finance is Rs 521.20.

Time period given by the analyst is Intra Day when LIC Housing Finance price can reach defined target.

Pritesh Mehta recommended to keep a stop loss at Rs 510.


LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 26,303.04 Crore) operating in Finance sector.

The company’s top management includes Dr.Dharmendra Bhandari, Mr.Ameet N Patel, Mr.Debabrata Sarkar, Mr.Jagdish Capoor, Mr.T V Rao, Mr.V K Kukreja, Mr.V K Sharma, Mr.Vinay Sah, Ms.Savita Singh, Ms.Usha Sangwan.


Company has Shah Gupta & Co. as its auditors.

As on 31-12-2017, the company has a total of 504,663,000 shares outstanding.