Buy LIC Housing Finance, says Sukhani

Sudarshan Sukhani of technicaltrends.com is of the view that one can buy LIC Housing Finance.

Sukhani told CNBC-TV18, "There are two ways of going long in LIC Housing Finance; one is simply to buy futures or buy equity. I think if you work a little you will find that its options are also liquid, so you could also buy call options in LIC Housing. So the trade on LIC Housing is that you want to buy it someway or the other."
The company's trailing 12-month (TTM) EPS was at Rs 18.61 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 11.93. The latest book value of the company is Rs 87.83 per share. At current value, the price-to-book value of the company was 2.53. The dividend yield of the company was 1.58%.