• Rajasthan

    Cong 94
    BJP 80
    RLM 0
    OTH 25
  • Madhya Pradesh

    Cong 109
    BJP 110
    BSP 6
    OTH 5
  • Chhattisgarh

    Cong 60
    BJP 21
    JCC 8
    OTH 1
  • Telangana

    TRS-AIMIM 89
    TDP-Cong 22
    BJP 2
    OTH 6
  • Mizoram

    MNF 29
    Cong 6
    BJP 1
    OTH 4

* Total Tally Reflects Leads + Wins

LIC Housing Finance shares hit new all-time high after block deal

By: | Updated: July 11, 2016 4:23 PM

LIC Housing Finance shares hit their fresh all-time high of Rs 529 on Monday after 2.68 million shares exchanged hands in a single block deal on the BSE at Rs 520.70.

BSE Sensex, NSE Nifty, LIC Housing FinanceLIC Housing Finance shares hit their fresh all-time high of Rs 529 on Monday after 2.68 million shares exchanged hands in a single block deal on the BSE at Rs 520.70.(Reuters)

LIC Housing Finance shares hit their fresh all-time high of Rs 529 on Monday after 2.68 million shares exchanged hands in a single block deal on the BSE at Rs 520.70.

At 12.31 pm, shares of the housing finance company were trading 2.87 per cent up at Rs 526.05. The scrip opened at Rs 519.95 and has touched a high and low of Rs 529 and Rs 518, respectively, in trade so far.  The scrip later closed 2.39 per cent up at Rs 523.55.

On BSE, so far 29.96 lakh shares were traded in the counter, compared with average daily volume of 1.88 lakh shares in the past two weeks.

Thirty-three analysts out of 43 have either “strong buy” or “buy” recommendations on the stock.

For the quarter ended March 31, 2016, LIC Housing Finance reported net profit of Rs 448.02 crore, up 18.47 per cent, against Rs 378.18 crore in the corresponding quarter a year ago.

(With inputs from Reuters)

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