BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
HDFC Securities downgrades LIC Housing Finance to sell
Competition in the salaried home loan market is high. LICHF is expected to face margin compression in the home loan book (currently 83.3 per cent of loan book), as a large share of loans are sourced through agents (85 per cent) and therefore, has higher balance transfer risks.