SENSEX NIFTY
Feb 26, 2013, 01.34 PM IST | Source: CNBC-TV18

Buy LIC Housing: Sudarshan Sukhani

Buy LIC Housing Finance, says Sudarshan Sukhani of s2analytics.com.

Buy LIC Housing Finance , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, “LIC Housing Finance has come to a strong support level. At Rs 240 the decline in the stock is probably over. The trade is on the long side rather than the short. I would be a buyer here.”

The share touched its 52-week high Rs 300.00 and 52-week low Rs 237.60 on 02 January, 2013 and 23 May, 2012, respectively.Currently, it is trading 19.08% below its 52-week high and 2.17% above its 52-week low.

The company's trailing 12-month (TTM) EPS was at Rs 20.53 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 11.83. The latest book value of the company is Rs 112.59 per share. At current value, the price-to-book value of the company was 2.16. The dividend yield of the company was 1.48%.

Set email alert for

ADS BY GOOGLE

video of the day

Financials a big bet; bullish on LIC HF, Shriram Trans: UBS

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.