HomeNewsBusinessStocksBuy LIC Housing, Indiabulls Housing, DHFL: Sukhani

Buy LIC Housing, Indiabulls Housing, DHFL: Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying LIC Housing Finance, Indiabulls Housing Finance and Dewan Housing Finance.

June 17, 2015 / 12:29 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Even for a short-term, assuming that a upswing starts LIC Housing Finance, Indiabulls Housing Finance and DHFL are buying opportunities. LIC Housing which is already finding support and Indiabulls Housing which in any case has a very attractive chart. It has come in our buy list earlier also. Dewan Housing Finance also has the same sharp correction, a mini bear market, base building and perhaps a small rally. So for the short-term all are buying opportunities."

At 12:17 hrs LIC Housing Finance was quoting at Rs 410.35, up Rs 7.90, or 1.96 percent. It has touched an intraday high of Rs 411.40 and an intraday low of Rs 404.80.Indiabulls Housing Finance's trailing 12-month (TTM) EPS was at Rs 55.62 per share. (Mar, 2015). The stock's price-to-earnings (P/E) ratio was 10.41. The latest book value of the company is Rs 153.84 per share. At current value, the price-to-book value of the company was 3.76. The dividend yield of the company was 4.99 percent.

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first published: Jun 17, 2015 12:29 pm

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