LIC Housing Finance rose 2.65% to Rs 524.90 at 13:41 IST on BSE after 26.81 lakh shares, or 0.53% equity, changed hands in a block deal at Rs 520.90 per share at 09:23 IST on BSE.
Meanwhile, the BSE Sensex was up 459.92 points, or 1.70%, to 27,586.82.
On BSE, so far 30.35 lakh shares were traded in the counter, compared with average daily volume of 1.54 lakh shares in the past one quarter. The stock hit a high of Rs 529 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 518 so far during the day. The stock hit a 52-week low of Rs 389 on 25 February 2016. The stock had outperformed the market over the past 30 days till 8 July 2016, 7.46% compared with 1.36% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, 7.27% as against Sensex's 9.94% rise.
The large-cap company has an equity capital of Rs 100.93 crore. Face value per share is Rs 2.
LIC Housing Finance's net profit rose 18.46% to Rs 448.01 crore on 14.45% increase in total income to Rs 3273.94 crore in Q4 March 2016 over Q4 March 2015.
LIC Housing Finance is a housing finance company. LIC of India holds 40.31% stake in the firm as at 31 March 2016.
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