Prakash Diwan, Director of Altamount Capital Management feels one may hold LIC Housing Finance as it is a decent space with its fund raising scale up.
Prakash Diwan, Director of Altamount Capital Management told CNBC-TV18, " I would believe one should hold on to LIC Housing Finance. It is a decent space with the banking license not withstanding, their fund raising scale up would augur well. Of course the revival on the housing side is a little bit away but things could look up."
"Instant buying more into LIC Housing Finance would probably diversify by buying into some other non-banking financial companies or GIC Housing Finance for that matter at current valuations," he said.