BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Credit Suisse maintains outperform on LIC Housing Finance
Credit Suisse has maintained 'outperform' on LIC Housing Finance for target of Rs 625 per share. It says risk reward is favourable for LIC Housing and LIC Housing will be a big pay commission beneficiary. It adds that falling bond yields are a key catalyst and LIC Housing's stock is trading at relatively attractive valuations. LIC Housing stock has underperformed mid-cap NBFC space by around 20 per cent.