Feb 26, 2013, 01.34 PM | Source: CNBC-TV18
Buy LIC Housing Finance, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
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%.
Mitessh Thakkar of miteshthacker.com suggests buyi
Prakash Gaba of prakashgaba.com likes LIC Housing
Axis Direct is bullish on LIC Housing Finance has
Religare recommended hold rating on LIC Housing Fi
Prabhudas Lilladher has recommended accumulate rat