LIC Housing Finance was up 3.84% to Rs 526 at 15:18 IST on BSE after net profit rose 6.72% to Rs 407.84 crore on 13.97% growth in total income to Rs 3379.85 crore in Q1 June 2016 over Q1 June 2015.
The result was announced during market hours today, 15 July 2016.Meanwhile, the S&P BSE Sensex was down 120.90 points or 0.43% at 27,821.21.
On BSE, so far 9.91 lakh shares were traded in the counter as against average daily volume of 2.07 lakh shares in the past one quarter. The stock hit a high of Rs 529.70 and a low of Rs 503.25 so far during the day. The stock had outperformed the market over the past one month till 14 July 2016, surging 7.85% compared with 5.86% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, advancing 5.36% as against Sensex's 9.03% rise.
The large-cap company has equity capital of Rs 100.93 crore. Face value per share is Rs 2.
LIC Housing Finance is a housing finance company. LIC of India holds 40.31% stake in the firm as on 30 June 2016.
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