BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA downgrades LIC Housing Finance to sell
CLSA has lowered LIC Housing earnings estimates for FY17-18 by 3-5 per cent, saying peak of topline growth is behind the company. LIC Housing is losing share in housing loans. Growth in LAP (loan against property) can pose asset-quality risks.