About
About LIC Housing Finance Limited
LIC Housing Finance Limited, a housing finance company, provides loans for the purchase, construction, repair, and renovation of houses/buildings in India. The company offers public, green, and corporate deposits; home loans to residents and non-residents Indians, as well as to pensioners; plot loans, home improvement and renovation, construction, and home extension loans; refinance; construction finance and term loans for builders and developers; and loans for staff quarters and other lines of credit for corporates. It also provides loans against properties for companies and individuals; loans against rental securitization; and loans to professionals. In addition, the company develops, establishes, and operates assisted living community centers for elderly citizens; manages, advises, and administers private equity funds, including venture capital and alternate investment funds; offers asset management and trusteeship services; and markets housing loan, life and general insurance products, mutual funds, fixed deposits, and credit cards. LIC Housing Finance Limited was incorporated in 1989 and is based in Mumbai, India.
Visit company website
5 years, 5 months ago
LIC Housing Finance Limited is currently in a long term uptrend where the price is trading 16.2% above its 200 day moving average.
From a valuation standpoint, the stock is 87.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.3.
LIC Housing Finance Limited's total revenue sank by 73.9% to $13B since the same quarter in the previous year.
Its net income has increased by 19.8% to $7B since the same quarter in the previous year.
Finally, its free cash flow grew by 154.9% to $38B since the same quarter in the previous year.
Based on the above factors, LIC Housing Finance Limited gets an overall score of 4/5.