Buy LIC Housing Finance, target Rs 590: Nirmal Bang Securities

Buy LIC Housing Finance Ltd. at a price target of Rs 590.0 and a stop loss at Rs 554 from entry point.

Nirmal Bang Securities has a buy call on LIC Housing Finance with a target price of Rs 590.

The current market price of LIC Housing Finance is Rs 564.30.

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

Nirmal Bang Securities recommended to keep a stop loss at Rs 554.

LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 28344.40 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.
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Company has Shah Gupta & Co. as its auditors.

As on 30-09-2017, the company has a total of 504,663,000 shares outstanding.
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