Todays Market Nifty 8541.40 (-23.60) (-0.28%)

Sensex 27836.50 (-105.61) (-0.38%)

LIC Housing Finance gains after announcing Q1 results

The result was announced during market hours today, 15 July 2016.

Meanwhile, the S&P BSE Sensex was down 120.90 points or 0.43% at 27,821.21.

On BSE, so far 9.91 lakh shares were traded in the counter as against average daily volume of 2.07 lakh shares in the past one quarter. The stock hit a high of Rs 529.70 and a low of Rs 503.25 so far during the day. The stock had hit a record high of Rs 533 on 12 July 2016. The stock had hit a 52-week low of Rs 25 February 2016. The stock had outperformed the market over the past one month till 14 July 2016, surging 7.85% compared with 5.86% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, advancing 5.36% as against Sensexs 9.03% rise.

The large-cap company has equity capital of Rs 100.93 crore. Face value per share is Rs 2.

LIC Housing Finance is a housing finance company. LIC of India holds 40.31% stake in the firm as on 30 June 2016