Stock: If you are looking for a stock which can change your portfolio yield positively and in long term as well you have to read it.
You should invest in LIC Housing Finance Ltd. But why?
Why Stocks of LIC Housing Finance Ltd. Can be a Game Changer?
Because, amidst the rising tension in world, the stocks related to primary sector is becoming more and more unstable with opposite is true for the service related sector.
Moreover, there is one specific sector which relates to both of them, that is Housing Finance which not only relates to service but also the real estates.
Because of it the Housing Finance sectors will be a resistant choice for yields among investors and a backup for the the tough times as well as yeider of good times as well.
In Indian financial market, LIC Housing Finance safest option for investors as LIC Housing Finance is largest housing finance company in India. As a subsidiary of LIC, it is a deposit-taking housing finance company that primarily offers long-term financing to individuals who buy or build residential homes or apartments.
Why You Shouldn’t Ignore the LIC Housing Finance Ltd.?
As of now, LIC Housing Finance Ltd. Is traded at rate of 630, which isn’t attractive for a new investor, however, for a seasoned investor it is a hopeful investment. Because, if we go a little deep of analysis even the big giants analyst such as Prabhudas Lilladher are recommending a target price of Rs 675 for LIC Housing Finance and recommends for holding the stocks as of now.
The reason for this confidence can be traces into Prabhudas Lilladher report where he mentions and analysed the improving asset quality of LIC Housing Finance Ltd. With stable earning quality and better loan growth. However, he factors in 7.5% loan CAGR over FY24-27E due to competition from banks/large HFCs.
What are Technicals Working Behind LIC Housing Finance Ltd. Stock?
Despite LIC Housing Finance Ltd. Being having a mixed quarter, the Net Interest Margin has bottom doubt due to higher yielding NHL, and stargated to reach 20% by FY25, increase in yields of prime/super-prime by 10-15 bps and higher wholesale portfolio growth, all of this stems from the LIC Housing Finance Ltd. Itself . Apart from this there are certain other indicators mentioned in Prabhu Das leeladhar’s research report on LIC Housing Finance Ltd.
Overall LIC Housing Finance limited stock is a safe heaven for Risk Aversors and a must for Risk Lovers. That is why it is a stock to which every investor specifically retail investor should think of.
Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI registered advisor before investing anywhere.
