Lic Housing

LIC Housing Finance stock comes under pressure on weak Q2 results

Improvement in interest income and margins crucial for investor sentiment to revive

LIC Hsg Finance's Q2 net up 23% to Rs 305 cr on dip in provisions

Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore

LIC Housing finance hikes lending rate by 60 bps, home loans start at 7.5%

Says hike is in line with market scenario; rates are still very competitive and demand for home loans is to likely to sustain

After a lull, NBFCs looking to step up funding for real estate sector

The strong demand in real estate -- residential, commercial, and logistics -- is giving confidence to the likes of JM Finance, Piramal, LIC Housing, and Indiabulls Housing Finance

LIC Housing Finance net profit rises 6% to Rs 767 crore in third quarter

LIC Housing Finance's (LIC HFC) net profit rose 6 per cent year-on-year (YoY) to Rs 767.33 crore in the third quarter.

India Post Payments Bank, LIC Housing tie up to sell home loans

India Post Payments Bank (IPPB) has joined hands with LIC Housing Finance for selling housing finance products of the latter to its 4.5 crore customers, a statement said on Tuesday.

LIC HFL cuts home loan rates to all-time low of 6.66% for select borrowers

Mortgage financier LIC Housing Finance on Friday said it has reduced its interest rates to 6.66 per cent for home loans up to Rs 50 lakh.

LIC Housing wins in valuation, but its asset quality a drag: Analysts

Lender's capitalisation may restrict growth and it's asset quality could be worse if a Supreme Court order is disregarded.

LIC Housing Finance Q2 profit rises 2% to Rs 791 cr; loan portfolio up 5%

Collection efficiency for non-moratorium customers for the month of September 2020 stood at 96%

LIC Housing plans to raise Rs 50,500 crore by issuing debt securities

The proposal will be taken up at its annual general meeting on September 28 for approval from shareholders

LIC declares relaxation on premium payments amid coronavirus spread

Policyholders are requested to stay indoors and avoid visiting any office to pay premium. They can, however, use online services of LIC

LICHF, PNBHF struggling to gain lost ground as Street turns a blind eye

Both public sector non-bank lenders are aligning their loan book favourably towards retail home loans without losing sight on profitability

LIC Housing: Interest margins improve, but asset quality is key

The sharp increase in gross NPAs reflect stress in its loan against property business.

LIC Housing: Current valuation offers better risk-reward

While strong parent support and transformation of loan book to floating rate is positive, asset quality concern is key

LIC Housing: Rising share of non-retail loans perceived to be riskier

Valuations attractive but Street to keep eye on slippages

LIC Housing: Should you buy into correction?

Things have lately not been in favour of LIC Housing given that the stock has lost momentum after it peaked at Rs 794 in August with the decline accentuating post its September quarter (Q2) results declared on October 30. Now trading at Rs 601, LIC Housing has corrected 24 per cent since its peak and is among the underperformers in the recent times. The question is, how much pain really entail for investors and whether the selling seen in the counter is overdone?Operationally, Q2 was disappointing on most fronts, except that it managed to curb its loan loss provisioning after June quarter's heavy spike. Net interest income, the difference between interest earned and interest expended, grew at a crawling pace of 2.5 per cent year-on-year even despite a 15.5 per cent increase in its loan book. The unsettling factor is the dip in profitability or net interest margin (NIM) from 2.7 per cent a year ago to 2.4 per cent in Q2. While even historically LIC Housing hasn't earned the NIMs ...

LIC Housing Q4 net up 18%

Net profit from 2016-17 rose 16 per cent to Rs 1,931 crore from Rs 1,660 crore in 2015-16

LIC Housing: Benefiting from lower cost of funds

Consumer business moderated, but net interest margin strong on lower cost of funds, changing loan-mix