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Invest in Lic Housing Finance - Long Term Play

I am strong advocate of delivery based buying instead of playing with F&O fire. My analysis is for retail investors. Lic Housing Finance share is on fire these days and it is expected that post the recovery of economy, Lic Housing Finance will do very good. At current level of INR 551, I will not recommend investor to buy it but should keep the company price in their radar. The price movement for the last 30 days indicate that Lic Housing Finance already made the solid support around INR 490. Investor should accumulate the share during sell off with the investment duration of minimum 3 years.

Lic Housing Finance will gain alot from affordable housing scheme to revival of real estate sector. In just concluded quarter their c a bit but it is not at alarming state and am confident the safe playing management will be able to reduce it in coming quarters.

Disclaimer - Consult your Financial advisor before investing

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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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