LIC Housing Finance is one of our top recommendations: Emkay Global Financial Services

Sharmila Joshi, Co-Head PCG Sales, Emkay Global Financial Services in an interview with ET Now talks about LIC Housing Finance.

Most analysts on the street are turning bullish towards LIC Housing Finance...

LIC Housing Finance has a fantastic business model. The stock has grown in the last 5 years and they have done this without diluting any of their assets. That is a big plus and whether you are looking at profit or EPS, everything has grown at a CAGR between 25% and 30% and they are likely to continue that.

Our target is very modest, but the way this stock is growing and the way what one hears from the management about their 450 plus kind of retail network and the way they have leveraged that as well as their foray into other businesses in the financial space make this stock one of our top recommendations.