LIC Housing Finance Ltd up for third straight session

LIC Housing Finance Ltd is up for a third straight session today. The stock is quoting at Rs 550.1, up 2.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.17% on the day, quoting at 22490.9. The Sensex is at 72396.57, up 1.12%. LIC Housing Finance Ltd has slipped around 0.4% in last one month.

Meanwhile, Nifty Financial Services index of which LIC Housing Finance Ltd is a constituent, has slipped around 2.31% in last one month and is currently quoting at 24640.45, up 1.18% on the day. The volume in the stock stood at 38.29 lakh shares today, compared to the daily average of 40.91 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 552.75, up 2% on the day. LIC Housing Finance Ltd is down 3.23% in last one year as compared to a 11.05% slide in NIFTY and a 7.12% slide in the Nifty Financial Services index.

The PE of the stock is 5.16 based on TTM earnings ending June 26.

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