Shares of LIC Housing Finance hiked by over 3%: Stocks

Shares of LIC Housing Finance hiked by over 3%: Stocks

Shares of LIC Housing Finance hiked by over 3%: Stocks

New Delhi: To begin with, the shares of LIC Housing Finance Limited hiked by 3.97% in the session today. Nearly, 1,55,303 shares exchanged hands on the counter.

Significantly, the shares of the company quoted at the 52-week high value of Rs. 486.40. It also quoted a 52-week low value of Rs. 186.00 in the trade.

Besides, the stock commands a market value of Rs. 13,903.47 crores. 

As of June 2020, the promoters of the company held 40.31% of its stake. The FIIs and DIIs held 34.70% and 4.74% respectively. 

Moreover, the shares of the company traded at a price-to-earnings multiple of 5.78. So then, the price-to-book ratio stood at 0.76. Also, the return on equity (ROE) stood at 13.16%. 

August 19th Stock Market Details:

On August 19th, both the Sensex and the Nifty traded at a bullish trend in the stock market. The Sensex gained 190.16 points and reached 38,719.66 levels with a 0.49% profit. On the other side, the Nifty gained 53.45 points and reached 11,438.95 levels with a 0.47% profit.

In the border market, the S&P BSE Midcap index gained 132.70 points with a 0.91% profit and reached 14,785.80 levels. Also, the S&P BSE Smallcap index gained 131.47 points with a 0.91% profit and reached a 14,283.76 level.

Besides, as of August 19th, the number of confirmed COVID-19 cases across India has reached 27,67,273. Also, the number of deaths in the country has reached 52,889.

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