Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
456.20
Change Change %
-11.95 -2.55%

Updated:22 Nov, 2018, 15:54 PM IST

BSE
456.60
Change Change %
-11.10 -2.37%

Updated:22 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
21-07-2015 Buy 467.80 540.00
N/A
Closed Custom
21-07-2016

Nomura maintains buy on LIC Housing Finance

Mortgages remain a structural story from a growth perspective. With base rate reductions, system mortgage rates has come off but LICHF's yields have remained relatively sticky (down just 5bps from 2HFY15 levels) as more than 50 per cent of LICHF's loan book is fixed rate. Large share of fixed rate loans and increasing share of loan against property will continue to aid margins.

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