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Hold LIC Housing Finance, says Ashu Madan

According to Ashu Madan of Religare Securities, one may hold LIC Housing Finance.

July 18, 2016 / 15:24 IST
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Ashu Madan of Religare Securities told CNBC-TV18, "In LIC Housing Finance, looking at the composition, robust growth, adequate capital, product mix perfect, you really cannot time it that Rs 10-20 here and there, but certainly I would say that this is a buy and hold. There was a point of time it has been outperforming the market but beside recent run, it has delivered quite a muted performance.""There are fair chances that we would see some spurt in this stock even in short-term. So from my side certainly, hold, but definitely the view is little more for a longer period, certainly would be better for an investor or a trader," he added.

first published: Jul 18, 2016 03:24 pm

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