Hold LIC Housing Finance: Shahina Mukadam

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "One could continue holding LIC Housing Finance, I wouldn’t advise even averaging or getting out of the stock as of now. I think the numbers were not as exciting as some of the others NBFCs at the same time with a government thrust on low cost housing LIC Housing will be one of the beneficiaries in terms of strong growth expected going forward."

"I think the bank rates coming off over the next couple of quarters, their cost of funding also should be well in line. So, I would continue holding the stock and I am sure that one will make decent amount over the next year or two," she added.