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 upgrades LIC Housing Finance to outperform
CLSA has upgraded LIC Housing Finance to "outperform" with a target price of Rs 660.LIC Housing Finance is re-focussing on home-loans, which is a positive. Fall in interest rates will help for a smoother transition. We see a 16 per cent profit CAGR for FY2016-19. Target based on 2.4 times September 2018 adjusted price/ book value.