Buy LIC Housing Finance, target price Rs 645: Axis Securities
The Economic Times April 03, 2025 09:13 AM

Axis Securities recommends buying LIC Housing Finance with a target price of Rs 645, based on its recent bullish breakout and technical indicators. The company's Q4 2024 financials report consolidated total income of Rs 7069.99 crore and a net profit of Rs 1434.37 crore. Promoters hold 45.24% stake with FIIs owning 21.24%. 


 

 

Time period given by analyst is 3-4 weeks when LIC Housing Finance price can reach defined target. LIC Housing Finance, incorporated in 1989, is a Large Cap company with a market cap of Rs 30979.55 crore, operating in NBFC sector. LIC Housing Finance's key products/revenue segments include Interest, Income From Financial Services, Miscellaneous Income and Fees & Commission Income for the year ending 31-Mar-2024.

 

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