LIC Housing Finance rose 2.17% to Rs 212.10 at 12:38 IST on BSE after net profit surged 27.57% to Rs 310.07 crore on 23.66% growth in total income to Rs 2302.41 crore in Q2 September 2013 over Q2 September 2012.
The Q2 result was announced during trading hours today, 30 October 2013.
Meanwhile, the S&P BSE Sensex was up 56.60 points or 0.27% at 20,985.61.
On BSE, 4.59 lakh shares were traded in the counter as against average daily volume of 5.48 lakh shares in the past one quarter.
The stock hit a high of Rs 213.90 and a low of Rs 208.50 so far during the day. The stock hit a record high of Rs 300 on 2 January 2013. The stock hit a 52-week low of Rs 152 on 4 September 2013.
The stock had outperformed the market over the past one month till 29 October 2013, surging 7.98% compared with the Sensex's 6.09% rise. The scrip had also outperformed the market in past one quarter, jumping 13.88% as against Sensex's 6.82% rise.
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The large-cap company has equity capital of Rs 100.93 crore. Face value per share is Rs 2.
LIC Housing Finance is one of the largest housing finance companies in India having one of the widest networks of offices across the country and representative offices at Dubai & Kuwait.
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