LIC Housing share price: Share price of LIC Housing rises as Nifty weakens

The stock hit a high price of Rs 432.9 and low of Rs 427.5 during the session.

The return on equity (ROE) for the stock stood at 13.15 per cent. Traded volume on the counter stood at 10:52AM shares and turnover at Rs 1.77 crore around that time.

The stock of LIC Housing Finance Ltd. quoted a 52-week high and 52-week low prices of Rs 487.5 and Rs 219.35, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.33.

Promotor/FII Holding

Promoters held 40.31 per cent stake in the company as of 31-Mar-2021, while foreign investors held 28.2 per cent and domestic institutional investors had 16.82 per cent.

Key Financials

The company reported consolidated sales of Rs 4926.65 crore for the quarter ended 31-Dec-2020, down 1.22 per cent from previous quarter’s Rs 4987.64 crore and down 1.59 per cent from the year-ago quarter’s Rs 5006.12 crore.

Net profit after tax for the latest quarter stood at Rs 722.87 crore, up 20.03 per cent from the same quarter a year ago.