Sell LIC Housing Finance, target Rs 575: Manas Jaiswal
Sell LIC Housing Finance at a price target of Rs 575 and a stop loss at Rs 595 from entry point.
The current market price of LIC Housing Finance is Rs 590.
Time period given by the analyst is intraday when LIC Housing Finance price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 595.
LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 30,327.72 Crore) operating in Finance sector.
LIC Housing Finance key Products/Revenue Segments include Interest which contributed Rs 13,876.71 Crore to Sales Value (99.21 per cent of Total Sales) and Processing Fees & Service Charges which contributed Rs 110.23 Crore to Sales Value (0.78 per cent of Total Sales)for the year ending 31-Mar-2017.
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 30-09-2017, the company has a total of 504,663,000 shares outstanding.
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