LIC Housing Finance Ltd eases for fifth straight session

LIC Housing Finance Ltd fell for a fifth straight session today. The stock is quoting at Rs 511.45, down 0.11% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.27% on the day, quoting at 24547.3. The Sensex is at 78455.1, up 0.03%.LIC Housing Finance Ltd has eased around 6.81% in last one month.Meanwhile, Nifty Financial Services index of which LIC Housing Finance Ltd is a constituent, has eased around 1.03% in last one month and is currently quoting at 26844.7, down 0.48% on the day. The volume in the stock stood at 7.12 lakh shares today, compared to the daily average of 12.86 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 502.4, down 0.28% on the day. LIC Housing Finance Ltd tumbled 11.22% in last one year as compared to a 0.11% slide in NIFTY and a 1.31% spurt in the Nifty Financial Services index.

The PE of the stock is 4.94 based on TTM earnings ending June 26.

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