Buy LIC Housing Finance, target Rs 550: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a buy call on LIC Housing Finance with a target price of Rs 550.
The current market price of LIC Housing Finance is Rs 518.45.

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

Sagar Doshi recommended to keep stoploss at Rs 499.

LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 26,164.25 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.