LIC Housing hits 52-week high, slips 3%

The stock touched a low of Rs 381, down over 9% from the day's high. It finally ended at Rs 386, down 3%. The counter clocked a volume of 428,993 million shares on the BSE today.
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(Updated at 1333 hrs)

LIC Housing Finance today touched a new 52-week high of Rs 420 in opening trades. In the last one-month, the stock has surged nearly 38%.

The stock however slipped into red and touched a low of Rs 392 - down 6.7% from the day's high. The stock is now trading flat at Rs 399. Around 210,561 shares have been traded so far on the BSE.

 

The company had posted 33% surge in Q4  net profit of Rs 158 crore as against Rs 118 crore in the previous year. Total income rose 30.3% to Rs 790.47 crore from Rs 606.76 crore.