LIC Housing Finance and Marico are looking good at current levels, says Pashupati Advani, NBIE.
Advani told CNBC-TV18, “One could look at something like LIC Housing Finance - is that a midcap, it is probably not, but I think it is a kind of stock that would be interesting. Also one has to look at the ratio between LIC Housing Finance and HDFC, but it will definitely follow on and definitely does stand to gain.”
He further added, “In the short to intermediate time I am looking at an FMCG even like Marico that is also a company that looks interesting even at these levels, so that kind of stuff.”
LIC Housing Finance is trailing 12-month (TTM) EPS was at Rs 20.53 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 13.85. 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 2.53. The dividend yield of the company was 1.27%.
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