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HFCs trade mixed after RBI releases new norms to align HFCs with NBFCs

HFCs trade mixed after RBI releases new norms to align HFCs with NBFCs

Tue, Jan 16, 2024

Global brokerage Morgan Stanley said that the RBI has announced norms aligning HFCs with other NBFCs. Highlighting the measures, the brokerage said the ceiling for public deposits held by HFCs is reduced to 1.5x net-owned funds.

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LIC Housing Finance shares suffer sharp losses on weak Q2 results; here is what brokerages say

LIC Housing Finance shares suffer sharp losses on weak Q2 results; here is what brokerages say

Thu, Nov 02, 2023

LIC Housing Finance (LICHSGFIN) shares gave in to selling pressure on Thursday after the non-banking financial company (NBFC) reported a weak set of quarterly results. 

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A housing finance stock may be preparing to extend a rally that began in late March

A housing finance stock may be preparing to extend a rally that began in late March

Mon, Sep 25, 2023

LIC Housing Finance shares have rebounded about 46 per cent from a 52-week low hit in late March, and counting. Most analysts have positive views on the housing finance stock. Here's why. 

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TRENDING NOW

Q4 results likely to show recovery as note-ban woes fade

Q4 results likely to show recovery as note-ban woes fade

Mon, Apr 10, 2017

Jeffries said that the markets are likely already factoring in potential upward revision in consensus earnings in 2017-18.

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LIC Housing records 19% rise in Q3 net profit, shares gain

LIC Housing records 19% rise in Q3 net profit, shares gain

Mon, Jan 16, 2017

The company registered Rs 499.26 crore this Q3, which was up by 19.18% compared to Rs 418.90 crore in similar period of the previous year. However, the net profit was sequentially up by 0.90% from Rs 494.76 crore of the preceding quarter. 

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NBFC shares suffer as Govt goes in demonetisation drive

NBFC shares suffer as Govt goes in demonetisation drive

Wed, Nov 16, 2016

“We believe companies which have lower exposure to the LAP books and low LTVs of around 60-65% would be in a better position to handle the deterioration in property prices. However, the near term demand for real estate is expected to be impacted,” Pandya said.

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Top five blue-chip stocks you should buy this Diwali

Top five blue-chip stocks you should buy this Diwali

Sun, Oct 30, 2016

As India's biggest festival Diwali begins on Sunday, here are five blue-chip stocks that you could buy this festive season. According to Motilal Oswal Securities latest research report, here's the list of top five stocks: 1. HDFC Bank

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LIC Housing Finance's net profit rises by 20% to Rs 495 crore

LIC Housing Finance's net profit rises by 20% to Rs 495 crore

Thu, Oct 20, 2016

LIC Housing Finance's Q2 performance beat estimates as the company reported net profit of Rs 494.76 crore for September 30, 2016, witnessing rise of 20.16% year-on-year (yoy) and quarter-on-quarter (qoq).

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LIC Housing Finance Q1 net profit rises nearly 7% to Rs 408 crore

LIC Housing Finance Q1 net profit rises nearly 7% to Rs 408 crore

Sat, Jul 16, 2016

LIC Housing Finance reported nearly 7% rise in standalone net profit for the first quarter (Q1) ended on June 30, 2016. 

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