LIC Housing Finance Ltd is trading at ₹582.2, down 0.01% as of 13:19 IST on the NSE. Despite its year-to-date gain of 13.31%, outperforming the NIFTY’s 10.45% rise and the Nifty Financial Services index’s 11.61% increase, the stock has seen consecutive losses over the past five sessions.
On the day, while the benchmark indices showed positive momentum—NIFTY up 0.4% at 23,682.35 and Sensex climbing 0.34% to 78,309.92—LIC Housing Finance underperformed. Over the past month, the stock has declined by approximately 7.22%, underperforming its sectoral index, the Nifty Financial Services, which eased by 1.37% during the same period and is currently up 0.59% at 23,591.7.
Trading volumes for LIC Housing Finance stood at 10.83 lakh shares, below its one-month daily average of 12.99 lakh shares. Meanwhile, the December futures contract for the stock is trading at ₹580.85, down 0.05%.
The stock is attractively priced with a trailing 12-month (TTM) price-to-earnings ratio of 6.56, reflecting potential value for investors. However, its recent trend suggests cautious sentiment in the short term, despite a strong performance over the past year.
Investors will likely monitor the broader financial market dynamics and the company’s upcoming quarterly performance to gauge the stock’s direction.
