 "loans, emi, joint-loan, borrowers, home loans, housing, residential, property, repayment, debt, restructuring, moratorium, shares, brokers, agents, stocks, insurance, agreements, contracts")
The LIC Housing stock has appreciated over 32 per cent in a year, but its valuation at 0.8x FY22 estimated book is still below its three-year average of 1.4x, making it an attractive value proposition.
However, the December quarter (Q3) was a mixed bag for the housing financier, and, hence, analyst recommendations/forecasts too are mixed. For instance, analysts at Motilal Oswal Financial Services and Emkay Global revised their FY22 estimated earnings upwards by 5 per cent and 14 per cent, respectively, while Kotak Institutional Equities reduced the FY22 earnings estimates by about 4 per cent, and ICICI Securities downgraded the
