Buy LIC Housing Finance Limited and Indiabulls Housing Finance Limited

Buy LIC Housing Finance Limited:   LIC Housing Finance Ltd has officially announced a consolidated... The post Buy LIC Housing Finance Limited and Indiabulls Housing Finance Limited appeared first on Stock Investor.

Buy LIC Housing Finance Limited and Indiabulls Housing Finance Limited

Buy LIC Housing Finance Limited:

 

LIC Housing Finance Limited

LIC Housing Finance Ltd has officially announced a consolidated sales of Rs. 4,977.36 Cr for the second quarter finished on 30-09-2020, which is 68% down from its previous quarter sales of Rs. 5,011.50 Cr and .05% down from its previous year same quarter sales of Rs. 4,979.95 Cr. The company reported net profit after tax of Rs. 789.67 Cr in the previous quarter.

Outlook:

LIC Housing Finance Ltd: Experts suggested buy call at current market price: Rs. 464.30 with a target price: Rs. 475; Stoploss: Rs. 461.

Buy Indiabulls Housing Finance Limited:

Indiabulls Housing Finance Limited

Indiabulls Housing Finance Ltd has officially announced a consolidated sales of Rs. 2,533.66 Cr for the third quarter finished on 30-09-2020, which is 1.59% up from its previous quarter sales of Rs. 2,574.59 Cr and 25.91% down from its previous year same quarter sales of Rs. 3,419.54 Cr. The company has reported a net profit after tax of Rs. 323.20 Cr in the previous quarter.

Outlook:

Indiabulls Housing Finance Ltd: Experts suggested buy call at current market price: Rs. 248.00 with a target price: Rs. 270; Stoploss: Rs. 234.

 

Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.

The post Buy LIC Housing Finance Limited and Indiabulls Housing Finance Limited appeared first on Stock Investor.

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