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 Q2FY17 net profit, at Rs 495 crore, was better than our estimates on improved net interest margins (NIMs). While growth momentum is below trend, NIMs settling at higher levels provides comfort on estimated earnings CAGR of more than 15 per cent over FY16-18 and Return on equity of 19 per cent.