BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss maintains buy on LIC Housing Finance
LIC Housing Finance's Q1 profit was impacted by higher provisions and operating expenditure. Higher proportion of LAP (loan against properties) improved net interest margins. While growth momentum is below trend, NIMs settling at higher levels provides comfort on earnings CAGR of more than 15 per cent over FY16-18.