📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

LIC Housing Finance

Buy LIC Housing Finance shares

LIC HOUSING FINANCE (BOM: 500253) Shares

ABOUT LIC HOUSING FINANCE

LIC Housing Finance Limited is one of the largest housing finance mortgage loan companies in India. Life Insurance Corporation of India was the founder and holds promoter and controller status. The company headquarters in Mumbai with a staff of over 2 000.

Incorporated on June 19, 1989, LIC Housing Finance Limited went public in 1994. The company is registered with National Housing Bank. The main objective is to provide long-term finance to individuals for purchase or construction of a house or flat for residential purpose, repair and renovation of existing flats or houses.

The company also provides finance on existing property for business or personal needs and gives loans to professionals for purchase or construction of clinics, nursing homes, diagnostic centres, office space and for purchase of equipment. LIC of India also holds promoter and controller status in IDBI Bank Ltd from January 2019.

OVERVIEW OF LIC HOUSING FINANCE

  • LIC Housing Finance Limited is involved in the housing finance business. The company provides loans for purchase, construction, repairs and renovation of houses or flats to individuals, corporate bodies, builders and co-operative housing societies. Its subsidiaries include LICHFL Care Homes Limited, which is involved in the business of setting up, running and maintaining assisted living community center/care homes for senior citizens.

  • LICHFL Financial Services Limited, which is involve in the business of marketing financial products and services.

  • LICHFL Asset Management Company Limited, which is involved in business of managing, advising, administering mutual funds, unit trusts, investment trusts and to act as financial and investment advisors.

  • LICHFL Trustee Company Private Limited, which acts as a trustee to venture capital trusts and funds.

VISION & VALUES OF LIC HOUSING FINANCE

  • LIC Housing Finance Limited’s vision is to be the best housing finance company in India.

  • The company strives to provide secured housing finance at affordable cost, maximizing shareholders value with higher customer sensitivity.

  • LIC Housing Finance Limited commits to its value chain to ensure it reaches its set goals, meet current and future needs of customers and maximizes returns, income growth and capital appreciation for shareholders who purchase shares with it.

MARKET PERFORMANCE OF LIC HOUSING FINANCE

  • LIC Housing Finance Limited’s shares trade on the Bombay Stock Exchange (BSE) under the stock symbol BOM: 500253. LIC Housing Finance Limited also lists on the National Stock Exchange of India (NSE) under the LICHSGFIN code.

  • For the fourth quarter of the 2019 financial year, the company reports revenue from operations up by 20% at Rs 4 655 crore. PAT is up 17% at Rs 693.58 crore.

  • Net Interest Income is up 21% at Rs 1 200.52 crore. Disbursements grows with 12.02%, touching nearly Rs 55 000 crore. The board approves a dividend of 380% at 7.60 per equity share.

  • Due to LIC Housing Finance Limited’s continued performance on this market, shareholders can buy or sell shares with confidence and expect sound dividends and returns during 2022 and in future.

LATEST NEWS LIC HOUSING FINANCE

Buy LIC HOUSING FINANCE stocks / shares – A Step by Step Guide how to Buy / Purchase LIC HOUSING FINANCE Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy LIC HOUSING FINANCE Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN LIC HOUSING FINANCE STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE LIC HOUSING FINANCE STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of LIC HOUSING FINANCE stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy LIC HOUSING FINANCE stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

eTrader Review

  Overall, eTrader is regulated by CySEC authorities and it has a high trust score of 70 out of 100 and is considered a low-risk

OvalX – Account Types

  OvalX does not offer different account types, and traders at all levels and depositing amounts of all sizes, are offered CFD trading accounts. OvalX

Eurotrader Reviewed

Overall, EuroTrader can be summarised as a trustworthy and worthwhile broker that is very competitive in terms of its trading fees (against major currency pairs).

EuroFinance Review

  Overall, EuroFinance offers traders an Individual Live Standard Trading Account that can be used on all three of their trading platforms.EuroFinance does not charge

10 Best Forex Brokers in Botswana

  The Top 10 Best Forex Brokers in Botswana revealed. We have rated and reviewed the best Forex Brokers accepting Batswana Traders.   This is a